Living in Paradise, NV in 2025 costs the average couple around $4,400 per month in gross income to maintain a comfortable lifestyle. For a family of four, budget closer to $6,200 monthly before taxes. Here’s a detailed look at the real expenses of calling this Las Vegas suburb home.
Housing Costs in Paradise
Housing is the biggest line item in most Paradise budgets. Median rent for a 2-bedroom apartment hovers around $1,650 monthly. Buying a home? Expect to pay between $450,000-$550,000 for a typical 3-bedroom house, which translates to a mortgage payment in the range of $2,400-$2,900 per month including property taxes and insurance.
About 30% of Paradise communities have Homeowners Associations (HOAs). Monthly HOA dues average $250 but can climb as high as $500 in higher-end neighborhoods with extensive amenities. While not mandatory, these fees cover common area maintenance and perks like pools, fitness centers, and security.
- Median 2BR Apartment Rent: $1,650
- Typical 3BR House Cost: $450K – $550K
- Estimated Mortgage (3BR): $2,400 – $2,900
- HOA Dues: $250 – $500 (when applicable)
Utilities and Energy Bills
Utility costs in Paradise are slightly higher than the national average. Expect to pay around $200 monthly for electricity for a 1,000 sq ft home, plus $40 for water and $30 for trash collection. Gas may add another $20-$50 depending on usage. Keep in mind that summer cooling costs can cause electric bills to spike.
High-speed internet access runs about $75 per month from providers like Cox or CenturyLink. Budget an additional $100 or more for mobile phone service for two lines with data.
| Utility | Estimated Monthly Cost |
|---|---|
| Electricity | $200 |
| Water | $40 |
| Trash | $30 |
| Natural Gas | $20 – $50 |
| Internet | $75 |
| Mobile Phone (2 lines) | $100+ |
Groceries and Daily Expenses
Food costs in Paradise are on par with the rest of the Las Vegas metro area. Plan on spending around $400 per month on groceries for one person, or $1,000+ to feed a family of four. This assumes primarily cooking at home.
Dining out will add to the budget. A typical fast casual meal for two costs around $30, while a nicer dinner out can easily run $75+. Everyday purchases like toiletries and cleaning supplies may tack on another $150 monthly per household.
Here’s an example of what a couple’s typical monthly grocery basket might look like:
- Milk (1 gal): $3.50
- Bread (1 loaf): $2.50
- Eggs (1 doz): $2.75
- Chicken Breast (1 lb): $4.00
- Apples (1 lb): $2.00
Taxes and Fees
Nevada has no state income tax, which helps offset other costs. However, Paradise residents pay a base sales tax rate of 8.375% on most purchases. The state also charges annual vehicle registration fees around $250-$300 per car, truck or motorcycle, depending on age and type.
Property taxes in Paradise are relatively low at 0.55% of assessed value. For a $500,000 home, that equates to about $2,750 per year or $230 per month. This cost is typically rolled into mortgage payments.
Monthly Budget Summary
| Expense Category | Single Person | Couple | Family of 4 |
|---|---|---|---|
| Housing (rent/mortgage) | $1,300 | $1,650 | $2,400 |
| Utilities | $250 | $350 | $450 |
| Groceries | $400 | $600 | $1,000 |
| Dining Out | $250 | $400 | $600 |
| Transportation | $300 | $500 | $800 |
| Household Misc. | $150 | $200 | $300 |
| Estimated Monthly Total (Gross) | $2,650 | $3,700 | $5,550 |
Lifestyle Considerations
Paradise offers a suburban lifestyle with relatively easy access to the entertainment and employment of the Las Vegas Strip, just a 15-20 minute drive away. Many residents work in hospitality, gaming or tourism. Traffic can be heavy during peak times, but commutes are reasonable compared to larger cities.
Homes in Paradise tend to be slightly newer and larger than in older parts of Las Vegas proper. Yards are common, but on the smaller side. Neighborhoods are dotted with parks, community pools, walking paths and playgrounds.
The tradeoff for more square footage and amenities is a slightly longer commute. But for those who value having a detached home at a lower price point than the heart of Las Vegas, Paradise can be a smart choice. It’s also convenient to Harry Reid International Airport and the University of Nevada Las Vegas (UNLV) campus.
Frequently Asked Questions
What salary do you need to live in Paradise, NV?
To live comfortably in Paradise, aim for a gross monthly income of at least $4,400 for a couple or $6,200 for a family of four. This factors in housing, food, utilities, transportation and some extras.
Is Paradise, NV cheaper than Las Vegas?
Paradise is generally less expensive than neighborhoods closer to the Las Vegas Strip and Downtown. Housing costs about 10-20% less on average, though amenities and commute times vary.
Are utilities expensive in Paradise?
Utilities in Paradise run slightly higher than the national average. Expect to pay $300-$400 per month for a typical apartment or small home, plus seasonal spikes for summer cooling. Water, sewer and trash are often included in rent.
How much is the average electric bill in Paradise?
The average electric bill in Paradise is around $200 per month for a 1,000 square foot home. However, bills can climb to $300 or more during the hottest summer months when air conditioning is used heavily.
What is the sales tax rate in Paradise, NV?
The base sales tax rate in Paradise and Clark County is 8.375%. This includes both state and local taxes and applies to most goods and services. Groceries and prescription drugs are exempt.
How much does it cost to register a car in Paradise?
Nevada charges annual vehicle registration fees of $250-$300 per passenger car or truck in Paradise, depending on factors like age and weight. New residents must register vehicles within 30 days of moving.
Is there state income tax in Nevada?
No, Nevada does not have a state income tax. However, Paradise residents still pay federal income taxes. Sales and property taxes in Nevada are near the national average.
Do you need a car to live in Paradise?
While Paradise has some bus service, the easiest way to get around is by car. Most errands require driving and pedestrian infrastructure is limited. Parking is widely available and traffic is manageable compared to more densely populated cities.