State Comparison

California vs Nevada

Side-by-side comparison of 16 financial metrics using documented public datasets and estimates, with sources listed below.

By StateCalc Updated

Overall Score

6
California
CA
vs
of 16 metrics
10
Nevada
NV

Cost of Living

Cost of Living Index
CA: 140.5
NV: 100.7
NV

Housing

Typical Home Value
CA: $776,000
NV: $448,000
NV
2BR Fair Market Rent
CA: $2,745/mo
NV: $1,733/mo
NV
Closing Costs
CA: 2.00%
NV: 2.30%
CA
Transfer Tax Rate
CA: 0.11%
NV: 0.51%
CA

Taxes

Property Tax Rate
CA: 0.70%
NV: 0.50%
NV
Top Income Tax Rate
CA: 13.30%
NV: None
NV
Sales Tax Rate
CA: 7.25%
NV: 6.85%
NV
Top Capital Gains Rate
CA: 13.30%
NV: None
NV

Income & Employment

Median Household Income
CA: $100,149
NV: $81,134
CA
Minimum Wage
CA: $16.90/hr
NV: $12.00/hr
CA
Max Unemployment Benefit
CA: $450/wk
NV: $631/wk
NV

Business

LLC Filing Fee
CA: $70
NV: $425
CA
LLC Annual Fee
CA: $800
NV: $350
NV

Insurance & Living

Avg Car Insurance
CA: $1,225/yr
NV: $1,462/yr
CA
Avg Home Insurance
CA: $1,655/yr
NV: $1,013/yr
NV

Key Takeaways

  • 1

    Nevada leads in 10 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $776,000 in California vs $448,000 in Nevada — a $328,000 difference.

  • 3

    Taxes: California has a 13.3% top income tax rate while Nevada has no income tax. Property tax rates are 0.7% vs 0.5%.

  • 4

    Cost of Living: California's index is 140.5 and Nevada's is 100.7 (national average = 100).

Frequently Asked Questions

Is California or Nevada more affordable?

Nevada has a lower cost of living index (100.7) compared to California (140.5), 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?

It depends on what you earn, spend, and own — the three rates below apply to different bases (income, purchases, and home value), so they cannot be added into a single burden figure. On the headline rates alone, Nevada is lower on more of them. California has a 13.3% top income tax, 7.25% state sales tax, and a 0.7% effective property tax rate. Nevada has no income tax, 6.85% state sales tax, and a 0.5% effective property tax rate.

What are housing costs in California vs Nevada?

The typical home value in California is $776,000 compared to $448,000 in Nevada (Zillow Home Value Index, June 2026). For renters, HUD's FY2026 Fair Market Rent for a 2-bedroom unit — the 40th-percentile gross rent, not an average — is $2,745/month in California vs $1,733/month in Nevada.

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

LLC filing costs are $70 in California vs $425 in Nevada, with annual fees of $800 and $350 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 10 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 drawn from the U.S. Census Bureau (American Community Survey), the Tax Foundation, HUD Fair Market Rents, Zillow's Home Value Index, the NAIC's insurance databases, the U.S. Department of Labor, C2ER's Cost of Living Index, and state agencies, to give you a comprehensive overview.

California (CA) has a median household income of $100,149 with a cost of living index of 140.5. Nevada (NV) has a median household income of $81,134 with a cost of living index of 100.7. Income figures are Census ACS 1-year estimates (table B19013, 2024); the cost-of-living index is C2ER's Q1 2026 survey via MERIC, where 100 is the national average of surveyed cities.

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.

Sources per metric are named in each row's note above. Last reviewed . Some values are estimates; consult a qualified professional for financial advice.