Cost of Living: Las vegas, NV vs Raton, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Las vegas | Raton |
|---|---|---|
| Housing Index | 110.5 | 90.0 |
| Median Home Price | $462,500 | $180,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1600 |
Housing Comparison: Las vegas vs Raton
- In Las vegas, the median home price is higher at $462,500, while in Raton it is $180,000.
- Renting a two-bedroom apartment costs more in Las vegas at $1,600 than in Raton at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Las vegas | Raton |
|---|---|---|
| Electricity Price | $15.5 | $14.44 |
| Natural Gas Price | $20.66 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Las vegas vs Raton
- Electricity costs are higher in Las vegas at $15.5 per kWh, compared to $14.44 in Raton.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Las vegas at an average of $250, compared to Raton with $200.