Nevada is a truly amazing place to spend one’s retirement. Whether you’re seeking the glitz and glamor of Las Vegas, Reno’s unique vibe, or the wide-open spaces of the desert, there is something in the state for everyone. In addition, the state is also very tax friendly. This article reviews what the State of Nevada’s sales tax rate is and what you can expect to pay in various cities and counties.
Nevada Sales Tax
Statewide, residents of Nevada can expect to pay a 4.6% sales tax. That said, this is just the base number.
You see, though there are several counties that charge no sales tax at all, places like Las Vegas (Clark County) charge a local sales tax of 3.78% in addition to the Nevada State sales tax. This means that a Clark County resident can expect to pay around 8.38% when they go shopping, to a movie, or to a restaurant.
At first glance, this range of 4.6% to 8.38% might seem a bit high. However, it’s important to remember that the state of Nevada has no individual income tax.
This means that any money you earn, but if from a job or from your retirement benefits, comes to you tax-free. Taking into consideration the Nevada State sales tax rate is a good way to keep on top of your finances.
If you’re living in a high-tax state like California and planning to move here, you can consider all the savings when making consumer purchases.
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