Retirement in Las Vegas: It Costs You Less Than $50,000 a Year

GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

Here are some key takeaways.

Here are five reasons retiring in Las Vegas can cost you less than $50,000 a year.

This is important if you are on a fixed income, as your retirement income is not infinite.

Keep in mind that you will still have to factor property taxes into your overall budget.

Whether its Social Security benefits, pensions or investments, more of your money stays in your pocket.

For example, the Stripsiconic lights and fountainsare free to enjoy.

email sharing button

Your monthly expenses dont have to exclude fun or leisure activities.

The city has numerous hospitals and specialized medical centers, ensuring that you receive top-notch care.

Medical bills can be abig budgetary considerationwhen figuring out how to allocate your retirement funds.

Medicare coverage further helps to manage healthcare costs effectively.

Utilities, groceries and healthcare costs are all seemingly more reasonably priced.

First, GOBankingRates found the most populated U.S. cities as sourced from the U.S. Census American Community Survey.

The mortgage and expenditures can be used to find the total cost of living for each city.

The cities with an annual cost of living above $50,000 were removed for this study.

All data was collected on and is up to date as of May 17, 2024.