Do you know how much it costs to live in the greater Las Vegas area? Whether you’re new to this part of Nevada or you’ve been living here for a while, there’s a price to pay for living the good life in Sin City. The cost of real estate, utilities and property taxes are all deciding factors when choosing one city over the other, so look at each one side-by-side to work out the average amount you can expect to pay in each part of Las Vegas. With examples from available homes in these two cities, here is a cost of living comparison: Las Vegas vs Henderson to help you find your dream home.
The Cost of Real Estate in Las Vegas and Henderson
The cost of real estate in Las Vegas ranges from one luxury neighborhood to the next depending on the size of home you want and the amenities you’re interested in having at your disposal. With exclusive residential communities like The Ridges and Redhawk, Las Vegas provides houses listed for everything from under a million dollars to over thirteen million dollars. The cost of real estate in this area takes into account access to world-class attractions like the Bear’s Best Golf Course and the Red Rock Canyon National Conservation area, which can take a toll on listing prices.
The cost of real estate in Henderson also changes from one luxury residential community to another according to the amount of square footage you need and the resources you’re looking for in a home. With high-end golf course communities like Macdonald Highlands and Southern Highlands, Henderson includes mansions that are sold for everything from over two million dollars to over seven million dollars. The cost of real estate in this region factors in features like close proximity to the McCullough Mountains and access to the Southern Highlands Golf Club, which can impact selling prices.
The Cost of Utilities in Las Vegas and Henderson
The cost of utilities in Las Vegas ties into the real estate prices in this area, as they relate to the your home’s square footage and its built-in resources. With resort-style pools, movie theaters, gyms and more, living in Las Vegas comes with expected monthly costs ranging from around $3,000 to $60,000. The cost of utilities in Las Vegas also corresponds to household components like hot tubs and outdoor kitchens, which affect monthly living costs.
The cost of utilities in Henderson pairs with the real estate prices in this region, as they correspond to your home’s size and its included amenities. With fountains, fireplaces, multi-car garages and more, residing Henderson is coupled with estimated monthly costs going from around $10,000 to $25,000. The cost of utilities in Henderson also matches household details like guest houses and top-notch appliances, which influence monthly living expenses.
The Cost of Property Taxes in Las Vegas and Henderson
The cost of property taxes in Las Vegas depends on the amount paid for the home, which changes according to lot and house sizes. Because annual property taxes can range from under $5,000 to over $20,000 based on the value of your home and land, you can check listings in the neighborhoods that interest you to delve deeper into the amount you can expect to pay every year.
The cost of property taxes in Henderson relies on the amount spent on the house, which varies based on acreage and square footage. Because annual property taxes are similar to those in Las Vegas with a few exceptions according to the worth of each home and property, you can take a look at listings in the neighborhoods that catch your eye to dig deeper into the level you can plan to pay annually.
A cost of living comparison
Las Vegas vs Henderson is a great way to narrow down your search for a luxury home in this part of Nevada. If you’re interested in the cost of living differences, such as real estate, utilities and property taxes in particular, you can use numbers from the featured homes on my website to work out average costs for each city and find the one that works best for your budget. The price tags are steep in this part of the country although it’ll be worth every penny once you’re living the Las Vegas luxury life. If you have any questions about making a cost of living comparison: Las Vegas vs Henderson or you’re ready to take the next steps toward finding your dream home in Sin City, please don’t hesitate to contact me today.