City comparison
Las Vegas, NV vs Memphis, TN
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Las Vegas, NV are 8.7% higher than in Memphis, TN. Someone earning $100,000 in Memphis, TN would need about $108,700 in Las Vegas, NV to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,478 a month in Las Vegas, NV versus $1,154 in Memphis, TN. On $100,000, that's 22% of take-home pay in Las Vegas, NV and 17% in Memphis, TN.
- Estimated state income tax on $100,000 is close: $0 a year in NV and $0 in TN.
- For federal employees, locality pay changes a GS-13 step 1 salary by −2.1% moving from Las Vegas, NV to Memphis, TN ($108,719 → $106,437), while prices change by −8.0%. Net effect of the transfer: +6.4% in real buying power.
- Las Vegas, NV: price level 100.2 (about average)
- Memphis, TN: price level 92.2 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Las Vegas, NV | Memphis, TN | |
|---|---|---|
| Price level (U.S. = 100)2 | 100.2 | 92.2 |
| $100,000 is worth, in the other city2 | $91,981 in Memphis | $108,718 in Las Vegas |
| Typical 1-bedroom rent3 | $1,478/mo | $1,154/mo |
| Take-home on $100,00014,15,8 | $79,180 | $79,180 |
| State income tax on $100,000 (estimate)8 | $0 (NV) | $0 (TN) |
| Rent burden on $100,000 | 22% | 17% |
| Median pay, all jobs4 | $46,670 | $46,890 |
| Federal locality pay area7 | Las Vegas-Henderson, NV-AZ | Rest of U.S. |
Rent areas: Las Vegas-Henderson-North Las Vegas, NV MSA and Memphis, TN-MS-AR HUD Metro FMR Area. Metro areas: Las Vegas-Henderson-North Las Vegas, NV and Memphis, TN-MS-AR.
What costs more or less
| Price level (U.S. = 100) | Las Vegas | Memphis |
|---|---|---|
| Housing (rent) | 115.5 | 79.8 |
| Goods | 96.3 | 96.2 |
| Utilities | 90.6 | 74.1 |
| Other services | 98.7 | 95.4 |
| Overall | 100.2 | 92.2 |
Moving with the same $100,000 salary
Las Vegas, NV → Memphis, TN
Same pay goes further
Buying power +8.7%; rent takes 17% of take-home; state tax +$0/yr.
96 Strong offer
Memphis, TN → Las Vegas, NV
Same pay buys less
Buying power −8.0%; rent takes 22% of take-home; state tax +$0/yr.
44 Weak offer
On the GS pay scale?
Las Vegas, NV is in the Las Vegas-Henderson, NV-AZ pay area; Memphis, TN is in Rest of U.S.. The last column shows what a transfer from Las Vegas, NV to Memphis, TN at the same grade and step does to real buying power.
| Grade5,2 | Las Vegas, NV | Memphis, TN | Real change, Las Vegas → Memphis |
|---|---|---|---|
| GS-9 step 1 | $63,046 | $61,722 | +6.4% |
| GS-11 step 1 | $76,280 | $74,678 | +6.4% |
| GS-12 step 1 | $91,427 | $89,508 | +6.4% |
| GS-13 step 1 | $108,719 | $106,437 | +6.4% |
| GS-14 step 1 | $128,473 | $125,776 | +6.4% |
Pay for common jobs
| Median annual pay4 | Las Vegas, NV | Memphis, TN | Memphis pay in Las Vegas dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $65,040 | $61,510 | $66,872 (+2.8%) |
| Software Developers | $129,940 | $125,580 | $136,528 (+5.1%) |
| Accountants and Auditors | $80,530 | $76,960 | $83,669 (+3.9%) |
| Registered Nurses | $103,940 | $81,500 | $88,605 (−14.8%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.