State Comparison

California vs Nevada

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

5
California
CA
vs
of 16 metrics
11
Nevada
NV

Cost of Living

Cost of Living Index
CA: 142.2
NV: 104.2
NV

Housing

Median Home Price
CA: $785,000
NV: $420,000
NV
Median 2BR Rent
CA: $2,150/mo
NV: $1,415/mo
NV
Closing Costs
CA: 2.00%
NV: 2.30%
CA
Transfer Tax Rate
CA: 0.11%
NV: 0.25%
CA

Taxes

Property Tax Rate
CA: 0.76%
NV: 0.60%
NV
Top Income Tax Rate
CA: 13.30%
NV: None
NV
Sales Tax Rate
CA: 7.25%
NV: 6.85%
NV
Capital Gains Tax Rate
CA: 13.30%
NV: None
NV

Income & Employment

Median Household Income
CA: $91,905
NV: $66,274
CA
Minimum Wage
CA: $16.50/hr
NV: $12.00/hr
CA
Max Unemployment Benefit
CA: $450/wk
NV: $469/wk
NV

Business

LLC Filing Fee
CA: $70
NV: $75
CA
LLC Annual Fee
CA: $800
NV: $200
NV

Insurance & Living

Avg Car Insurance
CA: $2,290/yr
NV: $2,240/yr
NV
Avg Home Insurance
CA: $1,950/yr
NV: $1,470/yr
NV

Key Takeaways

  • 1

    Nevada leads in 11 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $785,000 in California vs $420,000 in Nevada — a $365,000 difference.

  • 3

    Taxes: California has a 13.3% top income tax rate while Nevada has no income tax. Property tax rates are 0.76% vs 0.6%.

  • 4

    Cost of Living: California's index is 142.2 and Nevada's is 104.2 (national average = 100).

Frequently Asked Questions

Is California or Nevada more affordable?

Nevada has a lower cost of living index (104.2) compared to California (142.2), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — California or Nevada?

Overall, Nevada has a lower combined tax burden. California has a 13.3% top income tax, 7.25% sales tax, and 0.76% property tax. Nevada has no income tax, 6.85% sales tax, and 0.6% property tax.

What are housing costs in California vs Nevada?

The median home price in California is $785,000 compared to $420,000 in Nevada. For renters, a 2-bedroom apartment averages $2,150/month in California vs $1,415/month in Nevada.

Which state is better for starting a business — California or Nevada?

LLC filing costs are $70 in California vs $75 in Nevada, with annual fees of $800 and $200 respectively. California's 13.3% top tax rate compared to Nevada's tax-free status may also factor into your decision.

Should I move from California to Nevada?

It depends on your priorities. Nevada wins in 11 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing California and Nevada

When deciding between living in California or Nevada, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

California (CA) has a median household income of $91,905 with a cost of living index of 142.2. Nevada (NV) has a median household income of $66,274 with a cost of living index of 104.2.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free California calculator or Nevada calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.