The U.S. has many states that are great for living. However, surprisingly enough, Las Vegas is one of the best cities to live in. People argue that it’s also one of the best cities for retired people. It has everything you need for a retiree. If you’re planning to move to Vegas this year, here’s what you need to know.
One of the Best Places to Retire
The essential thing you need to know about Las Vegas is that it’s one of the best places to retire, as long as you don’t live inside the Strip.
Retirement is a big deal among many millennials nowadays, and when compared to other cities out there, Vegas can be one of the best places for retirement. There are various reasons for this. The first reason is that you can never get bored while you’re in Vegas. If you have saved enough money, you can also make worthwhile investments, letting your money grow while you’re in retirement.
A couple more reasons why Vegas is one of the best places to retire is because it has a robust healthcare system, good service for seniors, and it’s not too expensive to live in house and land packages outside the Strip. Properties inside the Strip are a different being story. They’re one of the most expensive rental properties in the country. So if you’re looking for a place to retire, you can’t go wrong with Vegas. Now let’s go into the intricate details of living in Vegas.
The Strip?
Everyone familiar with Vegas knows of the Strip, but if you aren’t aware, the Strip is where most luxurious hotels and casinos are located. Because of the foot traffic there and the tourists, the Strip is one of the most expensive locations in Vegas. Renting a place there can set you back a couple of thousand dollars, compared to the cheap rent outside the Strip. So keep this in mind if you’re planning to move to Vegas.
There’s So Much More Into Vegas Than The Strip
It’s important to know that there is so much more to Las Vegas than the Strip. There are many outdoor sites you can visit, and if you enjoy desert trekking, there’s a lot of that outside the city limits. The Valley of Fire State Park, Red Rock Canyon, Lake Mead, and the Grand Canyon are just a few landmarks you should visit once you’ve moved to Vegas.
There are also a lot of historical artifacts in Vegas. So there are a lot of museums to visit. Also, the TV show ‘Pawn Stars’ does their shooting in The World Famous Gold & Silver Pawnshop. Thousands of fans visit this store every day, so make sure to see it once you’ve moved.
Cost of Living
The cost of living in Vegas isn’t too bad, but once again, we have to differentiate the cost of living inside the Strip and outside the Strip.
Grocery isn’t Vegas, being above the national average by 2 points. However, healthcare costs are meager, about 8 points lower than the national average. This is one of the main reasons people go to Vegas for treatment. However, the most expensive cost in Vegas is transportation. It’s filled with overpriced cabs and also expensive rideshare apps. The demand is high, especially in the Strip, so it makes sense that transportation costs can be costly.
Overall, the cost of living in Vegas isn’t too bad, and as stated earlier, its healthcare costs are among the lowest in the country, making it a great place to retire.
Work and Career
You can take various work and career paths if you plan to work in Vegas. But many companies are looking for people who work in the entertainment industry.
Las Vegas is the city of entertainment. It’s the place you visit if you want to have some fun. So it makes sense that the entertainment industry is bustling there. However, you can also choose a career in hospitality, as there are a lot of hotels and casinos looking for experienced servers and hotel managers. But make sure you have decent experience in the industry because these companies are looking for the best.
When it comes to salary, you can expect to earn between $30,000 to $60,000. This isn’t bad considering that it’s a bit higher than the average salary in the U.S. Furthermore, if you consider that home prices are pretty low outside the Strip, you can make a decent living working in Vegas.
There are many things to love in Las Vegas and a lot of benefits in living there too. Just make sure you don’t live inside the Strip to minimize your expenses.