Cost of living in Laughlin research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Laughlin is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nevada, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Laughlin is 84, with 100 being the average.
The cost of living index in Laughlin is 0.8x lower than the national average.
Laughlin ranks as the #1 cheapest in Nevada out of 33.
Laughlin ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Laughlin is $178,600.
The median income in Laughlin is $42,133.
According to the most recent data on the cost of living, Laughlin has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Nevada, Laughlin has a cost of living index that's 0.8x lower than Nevada's index of 101.
The standard of living in Laughlin ranks as #1 most affordable out of the 33 places we measured in Nevada. By definition, that implies Laughlin ranks as the #32 most expensive place in the Silver State.
For more reading on life in Laughlin, check out:
Six factors go into calculating the cost of living index in Laughlin. Here is how it fairs on each of the criteria:
The Services index in Laughlin is 93.
The Groceries index in Laughlin is 95.
The Health index in Laughlin is 94.
The Housing index in Laughlin is 71.
The Transportation index in Laughlin is 97.
The Utilities index in Laughlin is 86.
Living Expense | Laughlin | Nevada | National Average | |
---|---|---|---|---|
Overall | 84 | 101 | 100 | |
Services | 93 | 91 | 100 | |
Groceries | 95 | 103 | 100 | |
Health | 94 | 93 | 100 | |
Housing | 71 | 111 | 100 | |
Transportation | 97 | 114 | 100 | |
Utilities | 86 | 97 | 100 |
Housing swings affordability the most between places in Nevada, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Laughlin is $178,600.
The Median Rent in Laughlin is $840.
The Median Income in Laughlin is $42,133.
The Home Value To Income in Laughlin is 4.2x.
The Rent To Monthly Income in Laughlin is 0.24x.
Statistic | Laughlin | Nevada | United States |
---|---|---|---|
Median Home Value | $178,600 | $315,900 | $244,900 |
Median Rent | $840 | $1,238 | $1,163 |
Median Income | $42,133 | $65,686 | $69,021 |
Home Value To Income | 4.2x | 4.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.23x | 0.2x |
The cost of living varies in the cities and towns around Laughlin. Here's a quick look at the cost of living in the most populous nearby places:
Kingman, AZ has a cost of living index of 85, 1.0x Laughlin.
Fort Mohave, AZ has a cost of living index of 90, 1.1x Laughlin.
New Kingman-Butler, AZ has a cost of living index of 78, 0.9x Laughlin.
City | Population | Cost Of Living | Vs. Laughlin |
---|---|---|---|
Kingman, AZ | 32,204 | 85 | 1.0x |
Fort Mohave, AZ | 15,872 | 90 | 1.1x |
New Kingman-Butler, AZ | 12,858 | 78 | 0.9x |
Golden Valley, AZ | 7,914 | 80 | 1.0x |