Nevada is known as the home of Sin City: Las Vegas. Las Vegas is known as the gambling capital of the world and the residence of numerous famous hotels, casinos, and headlining shows.
The variety of things to do in Las Vegas never seems to end. It’s possible to start with a visit to the Mob Museum, dine out at numerous hotspots, shop until you drop, and get married at The Little Wedding Chapel — all in one day!
While no one can argue that Las Vegas is a main highlight of visiting Nevada, there are numerous other options throughout the state for people seeking adventure. Nevada is home to over 600 ghost towns. These small cities, which sprung up as mining boomtowns, withered away as the prospects for finding gold disappeared.
Many people expect Nevada to be built-up and metropolitan, but over 80% of its land is publicly owned. There are more opportunities here for outdoor adventures than you’ll find in any state across the nation. Whether it’s a trip to the desert or a night spent stargazing on a mountain slope, you’ll find it in Nevada.
Despite all that Nevada has to offer, residents understand the pain of financial difficulty. Like most other places in the world, people feel the agony of inflation, rising gas prices, and increasing rents. As a result, it’s become much more challenging for Nevada residents to find the funds to pay down credit card debt.
On average, in Henderson, Nevada, residents owe $11,747 in credit card debt. Las Vegas residents have a median of $10,984. In comparison, the national average credit card debt is $8,425.
Nevada also has a higher cost of living in comparison to other states. It’s ranked the 15th most expensive of the states to live in, with a cost of living index of 106.3. Prices of housing and transportation are much higher in Nevada than they are nationwide.
According to the Bureau of Labor Statistics, Nevadans can expect to make fewer wages than in other states. The average salary in Nevada is $51,080, compared with the median nationwide wage of $58,260. That 12% difference is significant, especially when you’re considering high housing costs.
If you’re wondering how long it will take to pay off your debt in Nevada, use our handy calculator provided below. You’ll also find out how much interest you’ll pay your lenders.
Those seeking Nevada debt help don’t have to resign themselves to a neverending cycle of making minimum payments. Americor offers debt solutions to those seeking to break free from their credit card debt for good. To learn more, check out the links provided below: