Quality of Life in Las Vegas, NV

Income Overview

• Annual Salary: $139,680
• Comparison to Median Income: Significantly higher than the U.S. median household income, which is around $70,000 as of 2021.

Cost of Living

• Overall Cost of Living: Slightly above the national average.
• Major Expenses:
  • Groceries: Comparable to national averages.
  • Utilities: Generally higher due to the desert climate and need for air conditioning.
  • Transportation: Costs are typical, but commuting can require a car due to limited public transit.

Housing Market

• Median Home Price: Generally higher than the national median but lower compared to coastal cities.
• Affordability: With a $139,680 salary, homeownership is accessible, though market competitiveness and property values are steadily increasing.
• Rental Market: High demand, with rents rising, driven by population growth and tourism industry dynamics.

Quality of Life

• Entertainment and Dining: Extensive options due to the city's vibrant nightlife and culinary scene.
• Weather: Favorable for outdoor activities with much sunshine, though extreme summer heat can be a challenge.
• Safety: Varies widely by neighborhood, with some areas having above-average crime rates.

Access to Healthcare

• Healthcare Facilities: Modern facilities and wide access due to a rapidly growing medical sector.
• Quality of Care: Improved services but potentially long wait times due to high demand.
• Health Insurance: Necessary to mitigate costs, with employer coverage beneficial in managing expenses.

Quality of K-12 Schools

• Public Schools: Mixed quality, with some high-performing and others needing improvement based on state assessments.
• Private Schools: Available, offering alternatives but at an additional cost.
• Educational Opportunities: Many extracurriculars and specialized programs, though investment in education quality varies.

Summary

Living in Las Vegas, NV, on a $139,680 salary offers a comfortable lifestyle with access to a vibrant entertainment scene and moderate homeownership opportunities. The cost of living is manageable relative to income, although rising housing costs and variable public school quality are considerations. Comprehensive healthcare options exist, improving the overall quality of life, although attention to regional crime rates and climate challenges is advised.