The short version
- Social Security taxed?
- No
- Income tax
- No income tax
- Property tax on a $300,000 home
- ≈ $1,500 / yr ($125 / mo)
- Everyday cost index (U.S. = 100)
- 100
- January / July high
- 58°F / 104°F
- Sales tax (state + local avg)
- 8.24%
Retiring in Nevada
No income tax, low property taxes, and endless sunshine. Watch out: high sales tax, extreme summer heat, and thinner healthcare than most retiree states.
How Nevada taxes your retirement income
Social Security: not taxed at all.
Pensions: No state income tax.
401(k) and IRA withdrawals: No state income tax.
The setup: No income tax.
Property tax & senior breaks
The average effective property tax rate is about 0.50% — roughly $1,500 a year ($125 a month) on a $300,000 home. Your county sets the real number.
Help for seniors: Property tax increases capped at 3% a year for primary homes.
Try your own home value in the Property Tax Estimator.
Everyday costs & sales tax
Overall cost of living runs about 0% above the U.S. average. The combined state and average local sales tax is 8.24%.
Weather
January days top out around 58°F and July days around 104°F, with roughly 294 sunny days a year. Watch out for: Extreme desert heat and flash flooding.
Healthcare
Las Vegas care is improving but specialists can be limited; rural care is very thin.