Very AffordableNear National AverageWEST LAS VEGAS
Las Vegas, New Mexico · Quintin Soloviev / CC BY 4.0Plaza Hotel LasVegasNM · KeanoManu / CC BY-SA 4.0New Mexico Insane Asylum, Las Vegas, New Mexico (1904) · Internet Archive Book Images / No restrictionsPanorama of Las Vegas, New Mexico (circa 1910-1920) · SMU Central University Libraries / No restrictions
Las Vegas is a small city of 13,194 in New Mexico, with a median household income of $39,558
and a 7.9% unemployment rate.
Its cost of living index is 90 (US average = 100), which is
10% below the national average.
Strengths:
Las Vegas stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Las Vegas is right for you depends on your priorities — the full breakdown is below.
All Las Vegas city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 89.6
Las Vegas's overall cost of living index is 89.6,
where 100 represents the US national average.
Living in Las Vegas costs roughly 10% less than the average American city.
Metric
Las Vegas, NM
National Avg
Median Home Value
$131,500
$244,900
Median Monthly Rent
$690
$1,163
Homeownership Rate
58.5%
65.9%
Median Household Income
$39,558
$74,755
Crime & Safety
Near National Average
Las Vegas's violent crime rate is 655.4 per 100,000 residents
— 72% higher than the national average of ~380 per 100,000.
Violent Crime
655.4 /100k
Property Crime
1466.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Las Vegas is served primarily by WEST LAS VEGAS.
The student-to-teacher ratio is 13.8:1
(better than the national average of ~16:1).
Metric
Las Vegas, NM
National Avg
School District
WEST LAS VEGAS
—
Elementary Schools
5
—
Middle Schools
3
—
High Schools
2
—
Student/Teacher Ratio
13.8:1
16:1
Bachelor's Degree or Higher
25.1%
35.4%
High School Diploma or Higher
85.0%
91.1%
Weather & Climate
Las Vegas sees average highs of 50.1°F in January
and 85.2°F in July,
with 16.7 inches of annual precipitation
and 22.0 inches of snow per year.
Las Vegas's cost of living index is 90, where 100 is the national average.
That makes Las Vegas roughly 10% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $131,500 and median rent is $690/month.
Las Vegas's violent crime rate is 655.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1466.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Las Vegas are operated by WEST LAS VEGAS.
The district has 5 elementary, 3 middle, and 2 high schools.
The student-to-teacher ratio is 13.8:1. 25.1% of adults 25+ hold a bachelor's degree or higher.
Las Vegas, NM has a population of 13,194, a median household income of $39,558, and an unemployment rate of 7.9%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Las Vegas averages 50.1°F in January and 85.2°F in July. Annual rainfall is 16.7 inches
with about 22.0 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Las Vegas, NM is covered by 1 ZIP code: 87701.
The population of Las Vegas, New Mexico is 13,194 with a median age of 40.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Las Vegas: cost of living index 90 (100 = US average), median home $131,500, median household income $39,558, crime index 131 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Las Vegas side by side with your current city to see the trade-offs.
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