Side-by-side tax comparison between Nevada (no income tax) and Vermont (8.75% top rate, graduated). See which state lets you keep more at every salary level, and how cost of living changes the picture.
Nevada has no state income tax, while Vermont uses a graduated system with rates of 3.35-8.75%. On a $100K salary, this creates a state tax difference of $5,688/year that Nevada residents simply don’t pay.
Vermont’s graduated brackets mean the gap between these two states widens at higher salaries. At $200K, the state tax difference grows to $11,375/year, while at $50K it’s only $2,844.
Nevada wins at 10 out of 10 salary levels tested. The advantage is consistent and significant across the income spectrum.
| Salary | Nevada | Vermont | Difference | Winner |
|---|---|---|---|---|
| $40K | $34,320 | $32,045 | −$2,275 | Nevada |
| $50K | $42,355 | $39,511 | −$2,844 | Nevada |
| $60K | $50,390 | $46,978 | −$3,413 | Nevada |
| $75K | $61,538 | $57,272 | −$4,266 | Nevada |
| $100K | $79,125 | $73,438 | −$5,688 | Nevada |
| $120K | $93,195 | $86,370 | −$6,825 | Nevada |
| $150K | $113,751 | $105,220 | −$8,531 | Nevada |
| $200K | $148,887 | $137,512 | −$11,375 | Nevada |
| $250K | $183,264 | $169,045 | −$14,219 | Nevada |
| $300K | $215,329 | $198,266 | −$17,063 | Nevada |
Take-home pay only tells part of the story. Nevada has a cost of living index of 101 while Vermont is at 105 (national average = 100).
With similar costs of living (101 vs 105), the tax difference is the primary factor. What you see in raw take-home pay is essentially what you get in purchasing power: $78,342 in Nevada vs $69,940 in Vermont.
For a single earner at $100K filing jointly, take-home becomes $84,710 in Nevada and $79,023 in Vermont \u2014 a difference of $5,688. The gap remains similar regardless of filing status.
On paper, moving from Vermont to Nevada would save $5,688/year on a $100K salary, or $28,438 over 5 years. But relocation involves real costs: moving expenses, potentially buying/selling a home, changing jobs, and adjusting to a new community.
With an annual savings of $5,688, the tax difference alone is significant enough to justify a move for many people — especially if career opportunities are comparable. At higher salaries, the savings grow even larger: a $200K earner would save $11,375/year.