Cost of Living: Chicago, IL vs Henderson, NV (2026)

Chicago

Illinois
100
VS

Henderson

Nevada
131

Chicago is 24% cheaper than Henderson.

$1,380/mo ↓ 21%
Median Rent
$1,750/mo ↑ 27%
$75,134/yr ↓ 15%
Median Income
$88,654/yr ↑ 18%
$315,200 ↓ 32%
Home Value
$465,000 ↑ 48%
$1,502/mo ↓ 11%
Owner Costs
$1,686/mo ↑ 12%
2,707,648
Population
324,523

Tax Comparison

4.95%
Income Tax
0%
6.25%
State Sales Tax
6.85%
2.07%
Property Tax
0.53%

Affordability

22.0%
rent-to-income
Affordability
23.7%
rent-to-income

Detailed Comparison

When comparing Chicago, IL and Henderson, NV, the overall cost of living indices are 100 and 131 respectively (national median = 100). Rent is $370/month cheaper in Chicago, saving renters about $4,440/year.

Median household income is $13,520/year higher in Henderson. Home values also differ significantly — the median in Chicago is $315,200 compared to $465,000 in Henderson.

Nevada has no state income tax, giving Henderson residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Chicago vs Henderson — common questions

Is Chicago or Henderson cheaper to live in?
Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 131 (US average = 100).
What is the rent difference between Chicago and Henderson?
Median rent in Chicago is $1,380/month and in Henderson it's $1,750/month — a difference of $370/month.
Which city has higher income, Chicago or Henderson?
Median household income is $75,134 in Chicago and $88,654 in Henderson. Median household income is $13,520/year higher in Henderson.
How do taxes compare between Illinois and Nevada?
Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Chicago or Henderson?
It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Henderson has a cost index of 131 with rent of $1,750/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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