Median rent is 2% lower in Henderson ($1,750/mo vs $1,779/mo). Buying is cheaper in Henderson, where the median home runs $465,000 versus $751,700. Households earn more in Henderson ($88,654 vs $79,713 a year). Taken together, Henderson is the more affordable choice with a cost index of 96.5 against 113.0 — about 15% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Henderson, NV.
Quick verdict
Henderson is 15% cheaper overall
Cost index: 96.5 in Henderson vs 113.0 in New York (US average = 100)
City A
Henderson, NV
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Henderson, NV?
Equivalent salary in New York, NY
$87,830
You'd need $12,830 more (17% 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
Henderson
Nevada
New York
New York
👥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
Median rents are similar in both cities: $1,750/mo in Henderson and $1,779/mo in New York. Home buyers face a steeper market in New York: the median home is $751,700 versus $465,000 in Henderson — 38% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Nevada has no state income tax, while New York tops out at 10.90% — giving Henderson a clear advantage for high earners. Sales tax is 6.85% in Nevada and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Henderson
Income tax: None
Sales tax: 6.85%
New York
Income tax: 10.90%
Sales tax: 4.00%
Henderson has cleaner air on average: 12.0 AQI (Good) compared to 61.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Henderson if you prioritize lower overall cost of living (index 96.5 vs 113.0).
Pick Henderson if you prioritize higher median household income ($88,654/yr).
Pick Henderson if you prioritize cleaner air quality (avg AQI 12.0).
Pick Henderson if you prioritize no state income tax.
Is Henderson cheaper than New York?
Henderson is cheaper overall, with a cost of living index of 96.5 versus 113.0 (US average = 100). That means prices run about 15% lower in Henderson.
How much is rent in Henderson vs New York?
Median rent is $1,750/mo in Henderson, NV and $1,779/mo in New York, NY. Henderson, NV has the lower rent by about 2%.
Which has higher salaries — Henderson or New York?
Median household income is $88,654 in Henderson, NV and $79,713 in New York, NY. 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?
Henderson, NV has better air quality on average: 12.0 AQI versus 61.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Henderson or New York?
Nevada has no state income tax. New York has a top rate of 10.90%.
What salary do I need in New York to match my Henderson income?
To maintain the same purchasing power, a salary of $100,000 in Henderson, NV is equivalent to roughly $117,107 in New York, NY (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