Enterprise is considered moderately affordable in 2025, with average rent for a 2-bedroom apartment around $1,700 and slightly lower grocery costs compared to the national average.
Housing Costs in Enterprise
Enterprise offers a mix of housing options, from apartments and condos to single-family homes. Rental prices vary based on neighborhood, property type, and amenities:
- Studio apartment: $1,100 – $1,400/month
- 1-bedroom apartment: $1,300 – $1,600/month
- 2-bedroom apartment: $1,500 – $1,900/month
- 3-bedroom house: $1,800 – $2,400/month
For those looking to purchase a home, prices range from $350,000 for a modest 2-bedroom condo up to $600,000+ for a newer 4-bedroom house in desirable neighborhoods like Mountain’s Edge or Southern Highlands. HOA fees are common, adding $200-400/month.
While housing costs in Enterprise are slightly below the Las Vegas metro average, they remain higher than in nearby suburbs like Spring Valley or Whitney. Expect to budget around 35-40% of your gross monthly income for housing in Enterprise.
Utilities and Energy Bills
Basic utility costs in Enterprise are generally in line with the national average:
| Utility | Avg. Monthly Cost |
|---|---|
| Electricity | $120 – $180 |
| Gas | $40 – $60 |
| Water | $30 – $50 |
| Trash | $20 – $30 |
| Internet | $60 – $80 |
Keep in mind that electricity bills can spike in the summer months due to high AC usage. Upgrading to energy-efficient appliances and being mindful of usage can help keep costs down. Budget around $300/month for utilities for a 2-person household.
Groceries and Daily Expenses
Grocery costs in Enterprise are about 5% lower than the national average. A single person can expect to spend around $300-350/month on groceries, while a family of four may spend closer to $900-1,000/month.
Here’s a sample basket of common grocery items in Enterprise:
- Gallon of milk: $3.50
- Loaf of bread: $2.75
- Dozen eggs: $2.50
- Pound of chicken: $4.00
Dining out can add up quickly. A meal at a casual restaurant runs about $15 per person, while a nicer dinner out can easily cost $30+ per person. Allocate some room in your budget for occasional meals out.
Taxes and Hidden Fees
Nevada has no state income tax, which can help offset slightly higher sales and property taxes. The sales tax rate in Enterprise is 8.38%, which applies to most goods and services.
Property taxes in Enterprise average 0.65% of assessed home value. For a $400,000 home, that equates to around $2,600/year or $217/month. Vehicle registration fees are also relatively high, at 4% of the vehicle’s value.
If you live in a neighborhood with an HOA, factor in monthly dues of $200-400. These fees typically cover amenities and common area maintenance.
Monthly Budget Summary
| Expense Category | Single Person | Couple | Family of 4 |
|---|---|---|---|
| Housing | $1,300 | $1,700 | $2,200 |
| Utilities | $200 | $300 | $400 |
| Groceries | $350 | $600 | $1,000 |
| Transportation | $200 | $300 | $500 |
| Misc. | $400 | $600 | $800 |
| Total | $2,450 | $3,500 | $4,900 |
To live comfortably in Enterprise, aim for a gross monthly income (pre-tax) of at least $3,500 for a single person, $5,000 for a couple, or $7,000 for a family of four. This allows some breathing room for savings, discretionary spending, and unexpected costs.
Lifestyle Considerations
While Enterprise isn’t the cheapest suburb of Las Vegas, it offers a good balance of affordability and amenities. Commute times to the Strip or downtown Las Vegas average 20-30 minutes, which is manageable for most.
Newer homes and master-planned communities are the norm in Enterprise. You’ll find spacious houses, community parks, pools, and good schools. The tradeoff is slightly higher housing costs compared to older neighborhoods closer to the city center.
For those prioritizing square footage and modern amenities, Enterprise delivers good value. But if you prefer a more walkable, urban lifestyle, you may find better suited options closer to downtown Las Vegas.
Frequently Asked Questions
What salary do you need to live in Enterprise?
To live comfortably in Enterprise, aim for a gross monthly income of at least $3,500 for a single person, $5,000 for a couple, or $7,000 for a family of four. This factors in housing, utilities, groceries, and discretionary spending.
Is Enterprise cheaper than Las Vegas?
Enterprise is slightly cheaper than the city of Las Vegas on average, particularly when it comes to housing. However, it’s more expensive than some older suburbs like Spring Valley or Whitney.
What are the top 3 costs that surprise people in Enterprise?
- High summer electricity bills due to air conditioning needs
- HOA fees in master-planned communities, which can add $200-400/month
- Vehicle registration fees, which are 4% of the vehicle’s value
Are groceries expensive in Enterprise?
Groceries in Enterprise are actually about 5% cheaper than the national average. Budget $300-350/month per person for groceries.
What’s the sales tax rate in Enterprise?
The sales tax rate in Enterprise is 8.38%, which is slightly higher than the national average but offset by the lack of state income tax in Nevada.
How much do utilities cost monthly in Enterprise?
Expect to pay around $300/month for basic utilities like electricity, gas, water, and trash for a 2-person household in Enterprise. High summer AC use can make electric bills spike.
What’s the average rent in Enterprise?
The average rent for a 1-bedroom in Enterprise is $1,300 – $1,600, while a 2-bedroom averages $1,500 – $1,900. Larger homes or those in newer neighborhoods will be on the higher end of the range.