CostIndexUSA

Henderson, NV vs Richmond, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NV
Henderson
100.2
overall index
$1,725/mo rent
More AffordableVA
Richmond
97.9
overall index
$1,650/mo rent

Richmond is slightly cheaper than Henderson — 2.3% lower overall cost of living.

To match an $80,000 salary in Henderson, you would need $78,200 in Richmond. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.2%
Henderson
115.5
Richmond
99.1
🛒 Groceries≈ Equal
Henderson
96.3
Richmond
96.8
🚗 Transportation≈ Equal
Henderson
103.7
Richmond
103.5
🏥 Healthcare≈ Equal
Henderson
93.8
Richmond
93.7
Utilities1.5%
Henderson
90.6
Richmond
89.2

Salary Equivalency Calculator

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

$
Equivalent salary in Richmond, VA
$78,200
$1,800 less needed in Richmond

Formula: salary × (97.9 ÷ 100.2) = salary × 0.9770. 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×

Richmond, VA

Median Home Price
$381,000
Median Monthly Rent
$1,650
Housing Index
99.1
Price-to-Rent Ratio
19.2×

Henderson has 14.2% lower housing costs compared to Richmond.

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

Richmond, VA

Median Household Income
$84,300
Per Capita Income
$48,100
Unemployment Rate
3.9%
Population
226,610
Top Industries
FinanceHealthcareGovernmentManufacturingEducation

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)

Richmond, VA
4.3×income-to-rent ratio

77% 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.