Cost of Living: Las vegas, NV vs Revere, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Las vegas | Revere |
|---|---|---|
| Housing Index | 110.5 | 120.0 |
| Median Home Price | $462,500 | $451,000 |
| Average Rent (2 BR Apartment) | $1600 | $2600 |
| Average Rent (2 BR House) | $1640 | $2700 |
Housing Comparison: Las vegas vs Revere
- In Las vegas, the median home price is higher at $462,500, while in Revere it is $451,000.
- In Revere, the rental for a two-bedroom apartment stands at $2,600, while it is $1,600 in Las vegas.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Las vegas | Revere |
|---|---|---|
| Electricity Price | $15.5 | $28.15 |
| Natural Gas Price | $20.66 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Las vegas vs Revere
- Revere has higher electricity costs at $28.15 per kWh, versus $15.5 in Las vegas.
- Revere experiences higher natural gas costs at $21.62 per unit, with costs at $20.66 in Las vegas.
- Utility expenses are equal in both Las vegas and Revere averaging $250.