salaryHenderson is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Minneapolis to live the same way.
🏠 Rent per month
$2,044
$1,649
🛏️ 2-bedroom rent
$1,857
$1,805
💵 Families earn per year
$97,214
$87,192
🔑 Buying a house
$484,900
$362,200
📊 Overall prices (U.S. = 100)
100.2
104.8
🏛️ Property tax per year
$2,520
$4,339
⚡ Electric bill per month
$151
$91
👥 People living there
332,141
427,246
Commute to work
24.3 min
22 min
College degree
37.4%
55.5%
Own their home
66.1%
47.7%
Below poverty line
9%
16%
Unemployment
6.8%
5.9%
Bottom line
- Pick Henderson for higher incomes, less poverty.
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Henderson | Minneapolis | Difference |
|---|---|---|---|
| Plumber | $59,700 | $101,630 | +70% in Minneapolis |
| Firefighter | $59,280 | $39,350 | -34% in Minneapolis |
| Market Research Analyst | $74,670 | $97,910 | +31% in Minneapolis |
| HVAC Technician | $60,240 | $77,490 | +29% in Minneapolis |
| Customer Service Representative | $39,560 | $49,480 | +25% in Minneapolis |
| Police Officer | $77,750 | $97,190 | +25% in Minneapolis |
| Elementary School Teacher | $65,040 | $79,730 | +23% in Minneapolis |
| Cashier | $29,360 | $35,760 | +22% in Minneapolis |
Frequently asked questions
Is Henderson or Minneapolis cheaper to live in?
Henderson is about 5% cheaper overall. Rent is $2,044 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in Henderson?
About $62,758 a year gives the same standard of living in Minneapolis.
Where do people earn more, Henderson or Minneapolis?
The typical household earns $97,214 in Henderson and $87,192 in Minneapolis, 11% more in Henderson.