CostIndexUSA

Henderson, NV vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NV
Henderson
100.2
overall index
$1,725/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is slightly cheaper than Henderson — 2.9% lower overall cost of living.

To match an $80,000 salary in Henderson, you would need $77,700 in Madison. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing13.7%
Henderson
115.5
Madison
99.7
🛒 Groceries2.6%
Henderson
96.3
Madison
93.8
🚗 Transportation+0.7%
Henderson
103.7
Madison
104.4
🏥 Healthcare+0.6%
Henderson
93.8
Madison
94.4
Utilities0.9%
Henderson
90.6
Madison
89.8

Salary Equivalency Calculator

Enter your current salary in Henderson to see what you'd need to earn in Madison to maintain the same purchasing power.

$
Equivalent salary in Madison, WI
$77,700
$2,300 less needed in Madison

Formula: salary × (97.3 ÷ 100.2) = salary × 0.9711. Based on BEA Regional Price Parities.

Housing Market

Henderson, NV

Median Home Price
$426,000
Median Monthly Rent
$1,725
Housing Index
115.5
Price-to-Rent Ratio
20.6×

Madison, WI

Median Home Price
$429,000
Median Monthly Rent
$1,625
Housing Index
99.7
Price-to-Rent Ratio
22.0×

Henderson has 13.7% lower housing costs compared to Madison.

Income & Job Market

Henderson, NV

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
4.9%
Population
320,189
Top Industries
TourismHealthcareRetailConstructionFinance

Madison, WI

Median Household Income
$82,100
Per Capita Income
$46,800
Unemployment Rate
2.2%
Population
269,186
Top Industries
EducationHealthcareGovernmentTechnologyFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Henderson, NV
3.6×income-to-rent ratio

72% of income left after rent (median)

Madison, WI
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.