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Cost of Living: Las Vegas, NV vs Memphis, TN

A data-driven comparison of housing, groceries, transportation, taxes, job market and more. See which city gives you more for your money.

16.5% Memphis, TN is cheaper overall
37.5% 37.5% cheaper housing
8.0% 8.0% cheaper groceries
Updated April 2026 · Data: Bureau of Labor Statistics, U.S. Census Bureau National average = 100

At a Glance

🏠 Housing 37.5% cheaper
Las Vegas
112
Memphis
70
🛒 Groceries 8.0% cheaper
Las Vegas
100
Memphis
92
🚗 Transportation 7.7% cheaper
Las Vegas
104
Memphis
96
🏥 Healthcare 8.2% cheaper
Las Vegas
98
Memphis
90
⚡ Utilities ~Same
Las Vegas
98
Memphis
98

Detailed Breakdown

Category Las Vegas, NV Memphis, TN Difference
Overall Cost Index1038616.5% less
Housing1127037.5% less
Median 1BR Rent$1,350$95029.6% less
Median Home Price$380,000$165,00056.6% less
Groceries100928.0% less
Transportation104967.7% less
Healthcare98908.2% less
Utilities9898~Same

Tax Comparison

Tax Type Las Vegas, NV Memphis, TN
State Income TaxNone (0%)None (0%)
State Sales Tax6.85%7.00%
Avg Property Tax Rate0.48%0.56%
Estate / Inheritance TaxNoneNone

What You'd Need to Earn

Las Vegas, NV
$62,000
Median household income
Memphis, TN
$48,000
Median household income
⚠️ Heads up: Memphis costs more but median income is lower. You may need to earn more to maintain the same standard of living.

Salary Equivalent Calculator

Find out what you'd need to earn in Memphis to maintain your Las Vegas lifestyle.

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Based on overall cost index: Las Vegas (103) vs Memphis (86). This is an estimate for comparison purposes.

Job Market Snapshot

Unemployment Rate
Las Vegas5.2%
Memphis4.8%
Job Growth (YoY)
Las Vegas3.0%
Memphis1.9%
Top Industries
Las VegasHospitality, Entertainment, Construction
MemphisLogistics, Healthcare, Manufacturing

Quality of Life

Avg Commute
Las Vegas25 min
Memphis24 min
Walk Score
Las Vegas41
Memphis34
Air Quality (AQI)
Las Vegas52
Memphis44
Avg Temperature
Las Vegas68°F
Memphis63°F
Population
Las Vegas646,790
Memphis633,104

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Planning Your Move?

Here are some helpful resources if you're considering relocating.

🏠 Find ApartmentsBrowse rentals in Las Vegas and Memphis → 🚚 Get Moving QuotesCompare prices from top movers → 📈 Check Home ValuesSee real estate trends in both cities → 💼 Search JobsFind open positions in Memphis →

Compare Other Cities

Las Vegas vs Austin → Las Vegas vs Denver → Las Vegas vs Nashville → Memphis vs Raleigh → Memphis vs Portland → Memphis vs Phoenix →

Frequently Asked Questions

Is Las Vegas or Memphis cheaper to live in?+
Memphis is the more affordable option overall. The biggest difference is in housing costs, where the gap is about 37.5%. Day-to-day expenses like groceries and transportation are closer between the two cities.
How much is rent in Las Vegas vs Memphis?+
A typical one-bedroom apartment costs around $1,350/month in Las Vegas and $950/month in Memphis — a difference of about $400 per month.
Which city has lower taxes, Las Vegas or Memphis?+
Nevada has a state income tax of None (0%) and sales tax of 6.85%. Tennessee has a state income tax of None (0%) and sales tax of 7.00%. Consider all tax types together when evaluating total tax burden, as states with no income tax often compensate with higher sales or property taxes.
Can I afford to move from Las Vegas to Memphis?+
Median household income in Las Vegas is $62,000 compared to $48,000 in Memphis. Use the salary calculator above to see what you'd need to earn to maintain your current standard of living.
What about buying a home in Las Vegas vs Memphis?+
The median home price in Las Vegas is $380,000 versus $165,000 in Memphis — a difference of $215,000. Property tax rates also differ: Nevada averages 0.48% while Tennessee averages 0.56%.