Home prices in North Las Vegas run 7% below the national median: $390,000 versus $420,000. Relative to the $60,000 median household income here, the price-to-income ratio comes out to 6.5x.
At a 0.64% effective rate, North Las Vegas property taxes add $208 to the monthly payment on the median home, $2,496 a year in total.
Nevada charges no state income tax. Every dollar of the $60,000 median household income here converts more directly into covering the $2,393/month payment.
North Las Vegas's cost of living index is 102, above the 100 national baseline. That's on top of the housing numbers above, not instead of them.
North Las Vegas's median home price runs 11% lower than nearby Las Vegas: $440,000 there versus $390,000 here.