New York, NY vs Henderson, NV

Cost of living comparison · 2023 Census ACS data

Quick Summary

The unusual case here is that Henderson wins on both housing and income simultaneously — 38% cheaper on a typical home and 10% higher on median household income than New York. Most city-to-city comparisons trade one for the other. Henderson also has no state income tax, while the other state tops out at 10.9% — a meaningful annual difference at higher income levels.

Median Home Value
$751,700
$465,000
Zillow Home Value
$812,534
$483,158
Median Gross Rent
$1,779/mo
$1,750/mo
Owner Occupied %
32.8%
65.6%
Price-to-Rent Ratio
35.2x
22.1x
Median Household Income
$79,713
$88,654
Per Capita Income
$50,776
$49,141
Unemployment Rate
7.7%
6.7%
Poverty Rate
17.4%
8.4%
Avg Commute (min)
44.8 min
26.1 min
Drove Alone %
21.9%
72.9%
Public Transit %
45.5%
0.8%
Work From Home %
15.0%
15.8%
State Income Tax
10.9%
None
Total Sales Tax
8.5%
8.2%
Property Tax Rate
1.7%
0.6%
Bachelor's Degree %
23.6%
23.2%
Median Age
38
42.5
Avg High Temp
62.6°F
80.5°F
Annual Precipitation
49.5"
4.2"
Annual Snowfall
29.8"
0.2"
  • Median Home Value
  • Median Gross Rent
  • Total Sales Tax
  • Median Household Income
  • Unemployment Rate

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