Many retirees consider relocating for retirement -- often to places with warmer climates, such as Florida and Arizona. Nevada is another state with a warm climate, and you might prefer it to many other states. Let's look at some of its pros and cons.

On the plus side, its cost of living is very close to the national average, per the World Population Review. Its housing and transportation costs are respectively 11% and 17% above average, while healthcare costs are about 5% less costly. Healthcare in Nevada could be better, though: The folks at MedicareGuide.com have rated it the 37th-best state in the U.S. for elderly healthcare, factoring in cost, quality, and access.

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Source Fool.com