Cost of Living: Henderson, NV vs Madison, WI (2026)

Henderson

Nevada
131
VS

Madison

Wisconsin
103

Henderson is 27% more expensive than Madison.

$1,750/mo ↑ 28%
Median Rent
$1,364/mo ↓ 22%
$88,654/yr ↑ 15%
Median Income
$76,983/yr ↓ 13%
$465,000 ↑ 34%
Home Value
$346,900 ↓ 25%
$1,686/mo ↑ 14%
Owner Costs
$1,476/mo ↓ 12%
324,523
Population
275,568

Tax Comparison

0%
Income Tax
7.65%
6.85%
State Sales Tax
5.0%
0.53%
Property Tax
1.61%

Affordability

23.7%
rent-to-income
Affordability
21.3%
rent-to-income

Detailed Comparison

When comparing Henderson, NV and Madison, WI, the overall cost of living indices are 131 and 103 respectively (national median = 100). Rent is $386/month cheaper in Madison, saving renters about $4,632/year.

Median household income is $11,671/year higher in Henderson. Home values also differ significantly — the median in Henderson is $465,000 compared to $346,900 in Madison.

Nevada has no state income tax, giving Henderson residents a significant tax advantage over Wisconsin's 7.65% rate.

Frequently Asked Questions

Henderson vs Madison — common questions

Is Henderson or Madison cheaper to live in?
Based on our cost index, Madison is cheaper to live in with an index of 103 compared to 131 (US average = 100).
What is the rent difference between Henderson and Madison?
Median rent in Henderson is $1,750/month and in Madison it's $1,364/month — a difference of $386/month.
Which city has higher income, Henderson or Madison?
Median household income is $88,654 in Henderson and $76,983 in Madison. Median household income is $11,671/year higher in Henderson.
How do taxes compare between Nevada and Wisconsin?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Wisconsin has 7.65% income tax, 5.0% sales tax, and 1.61% property tax.
Should I move to Henderson or Madison?
It depends on your priorities. Henderson has a cost index of 131 with median rent of $1,750/mo, while Madison has a cost index of 103 with rent of $1,364/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Henderson details → View Madison details →

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