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Economist Salary in Las Vegas, NV

How much does a economist make in Las Vegas? Explore median, entry-level, and senior salaries adjusted for Las Vegas's cost of living.

Median Salary
$84,540
per year in Las Vegas
Entry Level
$50,098
Starting salary
Senior Level
$115,851
Experienced professionals
Cost of Living
108
8% above national avg

Salary Breakdown by Experience Level

See how economist salaries break down across different pay periods in Las Vegas.

PeriodEntry LevelMedianSenior
Annual$50,098$84,540$115,851
Monthly$4,175$7,045$9,654
Biweekly$1,927$3,252$4,456
Weekly$963$1,626$2,228
Hourly$24$41$56

Las Vegas vs National Average

How Las Vegas's economist salaries compare to national figures.

Las Vegas Salary
$84,540
COL Index: 108
National Average
$91,970
COL Index: 100
Difference
-$7,430
Lower in Las Vegas

Cost of Living in Las Vegas

1-Bedroom Rent
$1,500
per month
Median Income
$59,234
per year
Population
623,747
residents
Rent % of Income
30.4%
median household
Cost of Living Index: 108 — A score of 100 represents the U.S. average. Salaries in Las Vegas have been adjusted to account for local cost differences.

About Economist

Overview

Research economic data and trends to inform policy and business decisions.

Education

Bachelor's degree in Economics; Master's or PhD common for research roles

Key Skills

Economic AnalysisData InterpretationResearchPolicy Analysis

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Economist Salary

See Economist salaries in other top cities.

New York, NY
$168,850
+100%
Los Angeles, CA
$118,190
+40%
Chicago, IL
$123,140
+46%
Houston, TX
$131,160
+55%
Phoenix, AZ
$104,010
+23%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a economist salary in Las Vegas.

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Cost of Living Calculator

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Economist Salary in Las Vegas, NV — Complete Guide

Median Salary Overview

The median salary for a economist in Las Vegas, NV is $84,540 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Las Vegas's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Las Vegas can expect to earn around $50,098 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $115,851 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Las Vegas's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Las Vegas are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $91,970, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a economist's salary in Las Vegas typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 21.3% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Economists are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Las Vegas, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.