salaryMadison is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Madison to live the same way.
🏠 Rent per month
$2,044
$1,723
🛏️ 2-bedroom rent
$1,857
$1,628
💵 Families earn per year
$97,214
$84,177
🔑 Buying a house
$484,900
$372,900
📊 Overall prices (U.S. = 100)
100.2
97.3
🏛️ Property tax per year
$2,520
$6,541
⚡ Electric bill per month
$151
$120
👥 People living there
332,141
278,001
Commute to work
24.3 min
19.4 min
College degree
37.4%
59.9%
Own their home
66.1%
46%
Below poverty line
9%
16.4%
Unemployment
6.8%
2.7%
Bottom line
- Pick Henderson for higher incomes, less poverty.
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Henderson | Madison | Difference |
|---|---|---|---|
| Plumber | $59,700 | $85,160 | +43% in Madison |
| Operations Manager | $97,290 | $126,620 | +30% in Madison |
| Customer Service Representative | $39,560 | $47,500 | +20% in Madison |
| Cashier | $29,360 | $34,550 | +18% in Madison |
| Lawyer | $150,510 | $124,130 | -18% in Madison |
| Pharmacist | $136,250 | $158,120 | +16% in Madison |
| Licensed Practical Nurse | $75,920 | $64,550 | -15% in Madison |
| Server (Waiter/Waitress) | $27,110 | $30,910 | +14% in Madison |
Frequently asked questions
Is Henderson or Madison cheaper to live in?
Madison is about 3% cheaper overall. Rent is $1,723 a month there versus $2,044 in Henderson.
What salary do I need in Madison to match $60,000 in Henderson?
About $58,247 a year gives the same standard of living in Madison.
Where do people earn more, Henderson or Madison?
The typical household earns $97,214 in Henderson and $84,177 in Madison, 15% more in Henderson.