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November 27, 2009

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LV cost of living posts rare decline

Tuesday, April 18, 2000 | 11:22 a.m.

The cost of living in Las Vegas fell 0.8 percent in March from February, marking the first decline locally in eight months, First Security Bank reported.

The bank, which tracks local prices, said lower auto insurance premiums offset rising gasoline and auto maintenance expenses in March. This led to a 3.7 percent decline in overall Las Vegas transportation costs.

Housing costs were up 0.3 percent, health care was down 0.5 percent, groceries were up 0.7 percent, clothing was up 0.4 percent, restaurant meals were up 0.4 percent, utility costs declined 3.7 percent, recreation costs were up 1.7 percent and education and communications costs increased 0.2 percent.

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