Cost of Living in Henderson, NV

Population 324,523 · Nevada · Data vintage 2023

145
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Henderson lands reasonably close to national benchmarks on most cost indicators, with a median home value of $465,000 — 52% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Nevada. Unemployment has stayed elevated relative to the national figure — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 152
Rent 133

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Henderson

The median home value in Henderson is $465,000 — 52% above the national median of $305,000. Median rent runs $1,750/month, 33% higher than the national median of $1,314/month. The median household income of $88,654/year is 19% higher than the US median of $74,580. The local unemployment rate is 6.7%, above the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.5°F and lows of 59.6°F. Overall, Henderson has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.

🏠 Housing

Median Home Value
$465,000
52% above avg
Zillow Home Value
$483,158
Zillow ZHVI
Median Rent
$1,750/mo
33% above avg
Zillow Rent
$1,771/mo
Zillow ZORI
Price-to-Rent Ratio
22.1x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$961
1 BR
$1,006
2 BR
$1,320
3 BR
$1,821
4 BR
$2,217
Owner-occupied 65.6%
Renter-occupied 34.4%

💰 Estimated Monthly Budget

Rent median rent
$1,750
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,364/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.1 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.8%

Commute Mode

Drove alone
72.9%
Carpooled
7.6%
Public transit
0.8%
Walked
0.7%
Bicycle
0.3%
Work from home
15.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.8%
Avg local rate 1.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$88,654
19% above avg
Per Capita Income
$49,141
Unemployment Rate
6.7%
40% above avg
Poverty Rate
8.4%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 23.2%
Graduate degree 13.6%

👥 Demographics

Median Age 42.5
Male median age 42.9
Female median age 42.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.5°F
Avg Low
59.6°F
Annual Precip
4.2"
Annual Snowfall
0.2"
30° 50° 70° 90° 110° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 59637179899910510395816757
Low °F 414451576676828172604740
Precip" 0.560.800.420.200.070.040.380.320.320.320.300.45
Snow" 0.00.00.00.00.00.00.00.00.00.00.00.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
29%
Good air days/yr
197
Max AQI recorded
101
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Henderson, NV?

Henderson has a cost index of 145 (100 = national average). It is 45% above the national average.

What is average rent in Henderson, NV?

The median gross rent in Henderson is $1,750 per month based on 2023 Census data.

What is the average home price in Henderson?

The median home value in Henderson is $465,000 according to Zillow and Census data.

What is the median income in Henderson?

The median household income in Henderson is $88,654 per year (2023 ACS 5-year estimates).

What is the sales tax in Henderson, NV?

The combined state and local sales tax rate in Henderson is 8.2%. Nevada has no state income tax.

Is Henderson, NV affordable?

Henderson is above average in cost of living, with an index of 145 — about 45% higher than the national average.

What is the weather like in Henderson?

Henderson has average high temperatures of 80.5°F and average lows of 59.6°F. Annual precipitation is 4.2". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.

Henderson at a Glance

Population
324,523
Median Income
$88,654
Home Value
$465,000
Median Rent
$1,750/mo
Unemployment
6.7%
Avg High Temp
80.5°F
Sales Tax
8.2%
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