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What's it like to live in Las Vegas, NV?

Monday, April 1, 2019   /   by DeeDee Meyers

What's it like to live in Las Vegas, NV?

Las Vegas has a reputation as an adults-only playground thanks to an iconic stretch of Las Vegas Boulevard. However, just beyond the Strip, residents enjoy pleasant suburban communities, world-class restaurants and beautiful parks undisturbed by the glare of neon lights. Cultural institutions like the Smith Center for the Performing Arts and numerous museums offer quiet alternatives to the Strip, while nearby state and national parks – including Lake Mead, Red Rock Canyon National Conservation Area, Spring Mountain Ranch State Park and Valley of Fire State Park – offer ample opportunities to enjoy the outdoors.

It seems like there is always something happening in Las Vegas. The Las Vegas Food and Wine Festival, along with the myriad celebrity chef restaurants on the Strip, keep foodies busy, while bibliophiles gravitate toward the annual Vegas Valley Book Festival.

For better or worse, Las Vegas' popularity as a tourist destination, combined with its recent population growth, can give the metro area a revolving-door feel. Many Las Vegans are not native to the area, and recent economic growth means that new people are continually moving here. 

Rankings

U.S. News analyzed 125 metro areas in the United States to find the best places to live based on quality of life and the job market in each metro area, as well as the value of living there and people's desire to live there.

Las Vegas, Nevada is ranked:

 #80 in Best Places to Live

 #53 in Best Places to Retire

Las Vegas, NV Quick Stats

  • 2,070,153

    METRO POPULATION

  • $43,480

    AVERAGE ANNUAL SALARY

  • 80.0° / 58.6°

    AVG HIGH/LOW TEMPS

  • 36.7

    MEDIAN AGE

  • $232,533

    MEDIAN HOME PRICE

    4.2 inches

    AVG ANNUAL RAINFALL

  • 5.1%

    UNEMPLOYMENT RATE

  • $1,013

    MEDIAN MONTHLY RENT

  • 24.4 minutes

    AVG COMMUTE TIME

What's the cost of living in Las Vegas, NV?

Las Vegas offers many affordable options for those looking to rent instead of buy a home. The average monthly rent in Las Vegas is low compared to other major metro areas, and the cost of living is slightly below the national average.

If you’re thinking of selling your home this year, the time to list is NOW! According to the National Association of Realtors, 41% of homes sold last month were on the market for less than 30 days! If you list now, you’ll have a really good chance to sell in April or May, setting yourself up for the most exposure!

If you have any questions, call me. When you are ready to invest, buy, or sell, visit my website or call me direct, Ken Couture, 702-476-0060.