Despite the fact that the cost of living in Nevada is 4% higher than the US average one, it is still much more affordable than in California. Here you can save on utilities that are much cheaper as well as obtain a dwelling that is thrice cheaper than in the Sunshine State. A median home price even in Las Vegas, the most expensive city to live in Nevada, is only $256,300. In Los Angeles, the sum is almost three times higher – over $600,000.