Median one-bedroom rent across the cities we track is $978 in New Jersey versus $1,206 in Nevada. Overall, New Jersey runs roughly 19% cheaper on rent than Nevada, its main day-to-day cost driver.
Median household income across tracked cities is $48,416 in New Jersey and $78,448 in Nevada — about 38% higher in Nevada. New Jersey has a top state income tax rate of 10.75% and a 6.625% state sales tax; Nevada has no state income tax and a 6.85% state sales tax.
State Taxes
Sales Tax
6.625%
6.85%
+0.2 pp in Nevada
Income Tax (top rate)
10.75%
None
+10.8 pp in New Jersey
Housing (median across tracked cities)
Median 1BR Rent
$978
$1,206
+23% in Nevada
Median Home Value
$337,800
$465,000
+38% in Nevada
Income (median across tracked cities)
Median Household Income
$48,416
$78,448
+62% in Nevada
Climate (median across tracked cities)
Avg Annual Temperature
54.9°F
68.4°F
+13.5°F in Nevada
New Jersey vs Nevada — FAQ
- Is it cheaper to live in New Jersey or Nevada?
- New Jersey is cheaper on rent — its median one-bedroom of $978 runs about 19% below Nevada's $1,206, based on the cities we track in each state.
- How much more do you need to earn to live in New Jersey than in Nevada?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $39,000 a year in New Jersey versus $48,000 in Nevada.
- Which has lower taxes, New Jersey or Nevada?
- New Jersey has a top state income tax rate of 10.75% and a 6.625% state sales tax. Nevada has no state income tax and a 6.85% state sales tax.
Housing, income, and climate are medians across the 1/3 cities we track in New Jersey/Nevada — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.