Silver Beats Gold? – The Financial Benefits of Residency in Nevada

How Does the Cost of Living in Nevada Compare to California?

With the deadline to file federal taxes upon us, we thought it’d be interesting to compare all of the ways in which residency in Nevada is more cost efficient over California for everything from state taxes, real estate prices and the ongoing expenses of owning a business.    The bottom line is that residents of Nevada pocket more earned income due to a non-existent state tax, lower prices per square foot on average for real estate and relaxed taxes for business owners.

So even though California is known as the Golden State, the overwhelming financial benefits of residency in Nevada proves that indeed, “Silver Does Beat Gold.”

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