Nevada vs Arizona: cost of living compared
Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).
Is it cheaper to live in Nevada or Arizona?
- Overall, living costs in Arizona and Nevada are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Nevada works out to about $75,500 in Arizona, before taxes.
- Housing is 6.4% lower in Arizona, goods 0.9% lower and other services 4.1% higher, which roughly cancel out.
- After adjusting for local prices, personal income per person is $52,890 in Arizona and $56,503 in Nevada (6.4% lower in Arizona; BEA, 2024, in 2017 dollars).
- Inside each state, metro price levels run from 89.2 in Sierra Vista, AZ to 103.3 in Phoenix, AZ (Arizona) and from 98.1 in Carson City, NV to 101.0 in Reno, NV (Nevada), US = 100.
- The gap is about where it was in 2019 (1.1%).
derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.
Category by category
Both states against the US average (100).
Overall prices are about the same in Nevada and Arizona
Price level by category, 2024. US average = 100.
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| All items | 100.0 | 100.7 |
| Goods | 96.3 | 95.4 |
| Housing (rents) | 114.1 | 106.8 |
| Utilities | 90.5 | 92.3 |
| Other services | 98.7 | 102.8 |
| Category | Nevada | Arizona | Arizona vs Nevada |
|---|---|---|---|
| All items | 100.0 | 100.7 | +0.7% |
| Goods | 96.3 | 95.4 | −0.9% |
| Housing (rents) | 114.1 | 106.8 | −6.4% |
| Utilities | 90.5 | 92.3 | +2.0% |
| Other services | 98.7 | 102.8 | +4.1% |
| Income per person, adjusted for prices | $56,503 | $52,890 | −6.4% |
| Regular gas, week of October 19, 2026* | $5.56 | $5.56 | 0.0% |
| Salary to match $75,000 in Nevada | $75,000 | $75,500 | +0.7% |
Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *West Coast region average (EIA has no separate Nevada figure). *West Coast region average (EIA has no separate Arizona figure).
Cheapest and most expensive places in each state
Nevada
- Carson City, NV 98.1
- Las Vegas, NV 100.2
- Reno, NV 101.0
Arizona
- Sierra Vista, AZ 89.2
- Yuma, AZ 92.7
- Lake Havasu City, AZ 94.1
- Tucson, AZ 96.9
- Prescott Valley, AZ 98.3
- Flagstaff, AZ 100.3
- Phoenix, AZ 103.3
Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.
How the gap has changed since 2008
The price gap between Nevada and Arizona has been fairly stable since 2008
Overall price level each year, 2008–2024. US average = 100.
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| 2008 | 101.2 | 102.5 |
| 2009 | 103.1 | 102.9 |
| 2010 | 100.8 | 100.6 |
| 2011 | 102.2 | 99.1 |
| 2012 | 101.6 | 98.1 |
| 2013 | 99.8 | 98.4 |
| 2014 | 99.2 | 97.9 |
| 2015 | 98.6 | 97.9 |
| 2016 | 97.2 | 98.6 |
| 2017 | 99.9 | 97.9 |
| 2018 | 96.2 | 97.4 |
| 2019 | 98.8 | 97.8 |
| 2020 | 97.2 | 99.2 |
| 2021 | 95.4 | 96.6 |
| 2022 | 96.3 | 100.0 |
| 2023 | 97.9 | 100.7 |
| 2024 | 100.0 | 100.7 |
Goods
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| 2008 | 96.1 | 103.0 |
| 2009 | 101.5 | 106.4 |
| 2010 | 98.1 | 100.1 |
| 2011 | 99.4 | 99.0 |
| 2012 | 99.6 | 98.3 |
| 2013 | 97.5 | 97.6 |
| 2014 | 96.4 | 97.7 |
| 2015 | 96.0 | 98.5 |
| 2016 | 95.2 | 97.8 |
| 2017 | 99.6 | 97.2 |
| 2018 | 95.7 | 95.9 |
| 2019 | 98.8 | 96.0 |
| 2020 | 96.4 | 100.1 |
| 2021 | 96.8 | 95.1 |
| 2022 | 97.1 | 98.1 |
| 2023 | 96.8 | 97.9 |
| 2024 | 96.3 | 95.4 |
Housing (rents)
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| 2008 | 119.3 | 103.3 |
| 2009 | 111.3 | 99.9 |
| 2010 | 108.0 | 96.9 |
| 2011 | 106.7 | 94.8 |
| 2012 | 104.1 | 95.2 |
| 2013 | 101.8 | 93.6 |
| 2014 | 97.8 | 92.7 |
| 2015 | 98.7 | 93.8 |
| 2016 | 97.8 | 92.4 |
| 2017 | 100.2 | 93.5 |
| 2018 | 102.6 | 94.3 |
| 2019 | 105.6 | 93.6 |
| 2020 | 105.9 | 97.9 |
| 2021 | 107.9 | 102.3 |
| 2022 | 111.7 | 106.2 |
| 2023 | 113.3 | 108.6 |
| 2024 | 114.1 | 106.8 |
Utilities
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| 2008 | 94.9 | 96.4 |
| 2009 | 100.5 | 96.3 |
| 2010 | 105.2 | 104.3 |
| 2011 | 100.2 | 104.3 |
| 2012 | 101.6 | 100.5 |
| 2013 | 97.2 | 99.0 |
| 2014 | 105.5 | 100.3 |
| 2015 | 104.2 | 101.0 |
| 2016 | 93.1 | 97.5 |
| 2017 | 88.7 | 99.0 |
| 2018 | 83.2 | 99.8 |
| 2019 | 87.2 | 92.6 |
| 2020 | 85.0 | 90.0 |
| 2021 | 76.3 | 87.8 |
| 2022 | 83.8 | 87.2 |
| 2023 | 91.3 | 83.3 |
| 2024 | 90.5 | 92.3 |
Other services
- Nevada
- Arizona
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Nevada | Arizona | |
|---|---|---|
| 2008 | 99.4 | 102.3 |
| 2009 | 101.1 | 102.1 |
| 2010 | 99.7 | 102.1 |
| 2011 | 102.7 | 100.5 |
| 2012 | 102.1 | 98.8 |
| 2013 | 101.0 | 100.9 |
| 2014 | 101.5 | 99.9 |
| 2015 | 100.2 | 98.7 |
| 2016 | 98.7 | 101.5 |
| 2017 | 100.6 | 99.9 |
| 2018 | 95.4 | 99.4 |
| 2019 | 97.3 | 100.8 |
| 2020 | 95.4 | 99.7 |
| 2021 | 91.6 | 96.4 |
| 2022 | 92.0 | 100.1 |
| 2023 | 94.3 | 101.2 |
| 2024 | 98.7 | 102.8 |
What incomes buy in each state
Income per person after adjusting for prices: $52,890 in Arizona, $56,503 in Nevada
Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).
- Nevada
- Arizona
- United States
Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.
Show the numbers
| Nevada | Arizona | United States | |
|---|---|---|---|
| 2008 | $42,842 | $38,966 | $45,816 |
| 2009 | $39,471 | $36,634 | $44,204 |
| 2010 | $40,934 | $37,162 | $44,808 |
| 2011 | $40,745 | $38,403 | $45,957 |
| 2012 | $41,375 | $39,284 | $46,796 |
| 2013 | $41,182 | $39,204 | $46,358 |
| 2014 | $42,748 | $40,281 | $47,661 |
| 2015 | $45,734 | $41,960 | $49,396 |
| 2016 | $46,911 | $42,568 | $49,828 |
| 2017 | $47,170 | $44,279 | $51,006 |
| 2018 | $50,297 | $45,675 | $52,242 |
| 2019 | $50,866 | $47,236 | $53,683 |
| 2020 | $53,903 | $50,292 | $56,514 |
| 2021 | $58,852 | $54,424 | $59,365 |
| 2022 | $56,149 | $50,935 | $57,104 |
| 2023 | $56,600 | $51,960 | $58,088 |
| 2024 | $56,503 | $52,890 | $59,195 |
More
- Cost of living in Nevada
- Cost of living in Arizona
- Reverse: moving from Arizona to Nevada
- All states ranked
Related state comparisons
What this comparison leaves out
- Taxes. State income, sales and property taxes differ a lot between states and are not included.
- Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
- Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
- Timing. BEA price levels and incomes are for 2024; gas prices are weekly.