Whether you’re looking for a basic house or a full-blown retirement community will determine exactly what your retirement looks like here – and how much money you’ll need to pull it all together.
Retirement homes, generally speaking, start at around $1,500 per month and top out at just under $5,000 monthly. That means you’ll be spending roughly $21, 450 on just housing annually.
The median cost to retire in Las Vegas is $39,000. Many retirees are moving here from southern California and find they can live like a King or Queen compared to the high prices for everything in or around Los Angeles.
There is a little bit of a financial bonus in Vegas retirement. There’s no state income tax in Nevada, and that includes social security and retirement. It’s also worth noting that there’s no estate or inheritance tax either.
If you choose to retire in or around the Las Vegas area, you’re choosing a very large city, and luckily, that comes with many different types of health care options.