12. 2. Retirement in Nevada: a mixed bag
With 81% of Nevada owned by the federal government, there are relatively few places to live comfortably. The winter climate in parts of Nevada is wonderful, but summers in the desert can be stiflingly hot, and temperatures are rising. Housing isn't cheap--the median home price is $358,949. The state is "tax-friendly" since residents pay no income tax and no corporate, franchise, or inventory taxes. To offset this, residents pay a high sales tax of 6.8%. Nevada also gets poor marks for health care quality and access.
Popular Now on Facty
Disclaimer
This site offers information designed for educational purposes only. The information on this Website is not intended to be comprehensive, nor does it constitute advice or our recommendation in any way. We attempt to ensure that the content is current and accurate but we do not guarantee its currency and accuracy. You should carry out your own research and/or seek your own advice before acting or relying on any of the information on this Website.