CostIndexUSA

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

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Memphis
92.2
overall index
$1,425/mo rent
NV
North Las Vegas
100.2
overall index
$1,725/mo rent

Memphis is moderately cheaper than North Las Vegas — 8.7% lower overall cost of living.

To match an $80,000 salary in Memphis, you would need $86,900 in North Las Vegas. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+44.7%
Memphis
79.8
North Las Vegas
115.5
🛒 Groceries≈ Equal
Memphis
96.2
North Las Vegas
96.3
🚗 Transportation+3.6%
Memphis
100.1
North Las Vegas
103.7
🏥 Healthcare+3.5%
Memphis
90.6
North Las Vegas
93.8
Utilities+22.3%
Memphis
74.1
North Las Vegas
90.6

Salary Equivalency Calculator

Enter your current salary in Memphis to see what you'd need to earn in North Las Vegas to maintain the same purchasing power.

$
Equivalent salary in North Las Vegas, NV
$86,900
$6,900 more needed in North Las Vegas

Formula: salary × (100.2 ÷ 92.2) = salary × 1.0868. Based on BEA Regional Price Parities.

Housing Market

Memphis, TN

Median Home Price
$238,000
Median Monthly Rent
$1,425
Housing Index
79.8
Price-to-Rent Ratio
13.9×

North Las Vegas, NV

Median Home Price
$426,000
Median Monthly Rent
$1,725
Housing Index
115.5
Price-to-Rent Ratio
20.6×

North Las Vegas has 44.7% higher housing costs compared to Memphis.

Income & Job Market

Memphis, TN

Median Household Income
$64,000
Per Capita Income
$36,500
Unemployment Rate
5.7%
Population
633,104
Top Industries
LogisticsHealthcareManufacturingTourismGovernment

North Las Vegas, NV

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
4.9%
Population
262,527
Top Industries
HealthcareLogisticsManufacturingRetailConstruction

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Memphis, TN
3.7×income-to-rent ratio

73% of income left after rent (median)

North Las Vegas, NV
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.