For many Puget Sound households, yes, particularly those facing significant capital gains exposure. Washington and Nevada both have no state income tax, so the delta is entirely in capital gains and lifestyle cost. Washington enacted a state capital gains tax in 2022 starting at 7% on gains above $250,000, raised to 9.9% for gains above $1 million in 2025. Nevada has no state capital gains tax. For a household executing a $5 million capital gains event, the state tax delta is roughly $475,000. Property tax math tilts favorably too: Washington’s effective rate is 0.85% versus Nevada’s 0.55%. Beyond the tax structure, the Las Vegas valley offers larger buildable lot sizes than most Puget Sound markets at comparable price points, and a growing luxury custom home market across MacDonald Highlands, The Ridges, Ascaya and other master-planned communities. Zillow co-founder Rich Barton publicly relocated from Seattle in June 2026, a visible marker of the broader trend. Whether the move is worth it depends on your specific tax situation and lifestyle priorities. Kingdom & Co. builds for Washington buyers relocating for these reasons regularly.