Gallup, NM vs Las Vegas, NM
Gallup, NM and Las Vegas, NM have a very similar cost of living, with only a 4.7% difference in their overall index. Gallup scores 69 while Las Vegas scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Gallup is $858/month compared to $731/month in Las Vegas — a 17% difference. Interestingly, home values tell a different story: while Las Vegas has cheaper rent, Gallup actually has lower median home values ($134,600 vs $143,900).
Median household income in Gallup is $57,466 compared to $42,732 in Las Vegas (+34.5%). While Gallup is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gallup spend roughly 17.9% of their income on rent, less than the 20.5% in Las Vegas.
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