Chicago, IL vs Henderson, NV
Cost of living comparison · 2023 Census ACS data
Quick Summary
Henderson is the more expensive housing market by roughly 32%; Henderson earns more at the median (15% higher), partly offsetting the cost difference. Whether that math works depends on what fraction of housing cost a relocating household plans to absorb. Henderson also has no state income tax, while the other state tops out at 5.0% — a meaningful annual difference at higher income levels.
Median Home Value
$315,200 ✓
$465,000
Zillow Home Value
$312,456
$483,158
Median Gross Rent
$1,380/mo ✓
$1,750/mo
Owner Occupied %
45.5%
65.6%
Price-to-Rent Ratio
19.0x
22.1x
Median Household Income
$75,134
$88,654 ✓
Per Capita Income
$48,148
$49,141
Unemployment Rate
7.9%
6.7% ✓
Poverty Rate
16.8%
8.4%
Avg Commute (min)
36.7 min
26.1 min
Drove Alone %
46.0%
72.9%
Public Transit %
19.3%
0.8%
Work From Home %
18.3%
15.8%
State Income Tax
5.0%
None
Total Sales Tax
8.7%
8.2% ✓
Property Tax Rate
2.2%
0.6%
Bachelor's Degree %
24.9%
23.2%
Median Age
35.7
42.5
Avg High Temp
60.3°F
80.5°F
Annual Precipitation
34.4"
4.2"
Annual Snowfall
—
0.2"
Chicago, IL 2 wins
- ✓Median Home Value
- ✓Median Gross Rent
Henderson, NV 3 wins
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
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