Median rent is 28% lower in Dearborn ($1,264/mo vs $1,750/mo). Buying is cheaper in Dearborn, where the median home runs $205,900 versus $465,000. Households earn more in Henderson ($88,654 vs $65,192 a year). Taken together, Dearborn is the more affordable choice with a cost index of 96.3 against 96.5 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Henderson, NV.
City A
Dearborn, MI
City B
Henderson, NV
How much would you need to earn in Henderson, NV to maintain your standard of living from Dearborn, MI?
Equivalent salary in Henderson, NV
$75,168
You'd need $168 more (0% higher).
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Dearborn
Michigan
Henderson
Nevada
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Dearborn — median rent of $1,264/mo versus $1,750/mo in Henderson, a 28% difference. Home buyers face a steeper market in Henderson: the median home is $465,000 versus $205,900 in Dearborn — 56% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Nevada has no state income tax, while Michigan tops out at 4.25% — giving Henderson a clear advantage for high earners. Sales tax is 6.00% in Michigan and 6.85% in Nevada; Dearborn has the lower rate (local add-ons may apply in both).
Dearborn
Income tax: 4.25%
Sales tax: 6.00%
Henderson
Income tax: None
Sales tax: 6.85%
Air quality data is available for Henderson (avg AQI 12.0) but not yet for Dearborn.
Pick Henderson if you prioritize higher median household income ($88,654/yr).
Pick Dearborn if you prioritize cheaper rent ($1,264/mo median).
Pick Henderson if you prioritize no state income tax.
Is Dearborn cheaper than Henderson?
Dearborn is cheaper overall, with a cost of living index of 96.3 versus 96.5 (US average = 100). That means prices run about 0% lower in Dearborn.
How much is rent in Dearborn vs Henderson?
Median rent is $1,264/mo in Dearborn, MI and $1,750/mo in Henderson, NV. Dearborn, MI has the lower rent by about 28%.
Which has higher salaries — Dearborn or Henderson?
Median household income is $65,192 in Dearborn, MI and $88,654 in Henderson, NV. Henderson, NV has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Dearborn or Henderson?
Nevada has no state income tax. Michigan has a top rate of 4.25%.
What salary do I need in Henderson to match my Dearborn income?
To maintain the same purchasing power, a salary of $100,000 in Dearborn, MI is equivalent to roughly $100,224 in Henderson, NV (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology