Median rent is 26% lower in Paradise ($1,287/mo vs $1,750/mo). Buying is cheaper in Paradise, where the median home runs $358,400 versus $465,000. Households earn more in Henderson ($88,654 vs $58,874 a year). Overall, the two cities have a nearly identical cost of living index (96.5).
City A
Henderson, NV
City B
Paradise, NV
How much would you need to earn in Paradise, NV to maintain your standard of living from Henderson, NV?
Equivalent salary in Paradise, NV
$75,000
Costs are about the same in both cities.
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
Paradise
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 Paradise — median rent of $1,287/mo versus $1,750/mo in Henderson, a 26% difference. Home buyers face a steeper market in Henderson: the median home is $465,000 versus $358,400 in Paradise — 23% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Both Nevada and Nevada have no state income tax — a notable advantage for workers in both cities. Sales tax is 6.85% in Nevada and 6.85% in Nevada; Paradise has the lower rate (local add-ons may apply in both).
Henderson
Income tax: None
Sales tax: 6.85%
Paradise
Income tax: None
Sales tax: 6.85%
Henderson has cleaner air on average: 12.0 AQI (Good) compared to 23.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Henderson if you prioritize higher median household income ($88,654/yr).
Pick Paradise if you prioritize cheaper rent ($1,287/mo median).
Pick Henderson if you prioritize cleaner air quality (avg AQI 12.0).
Is Henderson cheaper than Paradise?
Henderson is cheaper overall, with a cost of living index of 96.5 versus 96.5 (US average = 100). That means prices run about 0% lower in Henderson.
How much is rent in Henderson vs Paradise?
Median rent is $1,750/mo in Henderson, NV and $1,287/mo in Paradise, NV. Paradise, NV has the lower rent by about 26%.
Which has higher salaries — Henderson or Paradise?
Median household income is $88,654 in Henderson, NV and $58,874 in Paradise, 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?
Henderson, NV has better air quality on average: 12.0 AQI versus 23.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Henderson or Paradise?
Both Nevada and Nevada have no state income tax.
What salary do I need in Paradise to match my Henderson income?
To maintain the same purchasing power, a salary of $100,000 in Henderson, NV is equivalent to roughly $100,000 in Paradise, 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