City Comparison

Henderson vs Springfield

Cost of Living Comparison · 2026

Henderson

Nevada
108
Above Average
$420,000
Median Home
$1,500/mo
Median Rent
$72,238
Median Income

Springfield

Illinois
78
Very Affordable
$162,000
Median Home
$925/mo
Median Rent
$65,500
Median Income

The Verdict

38.5%

Living in Springfield costs 38.5% less than Henderson. To match the purchasing power of a $75,000 salary in Henderson, you would need $54,167 in Springfield.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
118
Henderson
52
Springfield
Groceries
102
Henderson
98
Springfield
Utilities
94
Henderson
98
Springfield
Transportation
107
Henderson
114
Springfield
Healthcare
96
Henderson
91
Springfield

Salary Equivalence

A $75,000 salary in Henderson has the same purchasing power as $54,167 in Springfield.

Conversely, $75,000 in Springfield equals $103,846 in Henderson.

Living in Henderson vs Springfield

Housing Costs

Henderson's housing index of 118 is higher Springfield's 52, translating to median home prices of $420,000 vs $162,000. The $258,000 difference in home prices means roughly $16,776 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Henderson compared to $925/mo in Springfield, a monthly difference of $575.

Grocery & Food Costs

Grocery expenses index at 102 in Henderson and 98 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $485/month in Henderson vs $466/month in Springfield. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Henderson and 98 in Springfield. Monthly utility bills average approximately $376 in Henderson vs $392 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Henderson and 91 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $72,238 in Henderson and $65,500 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $66,887 and $83,974 respectively. Springfield residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,686/month to housing in Henderson vs $1,528/month in Springfield. In Henderson, median rent of $1,500/mo fits within this budget. In Springfield, median rent of $925/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 66 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 38.5% more affordable overall with an index of 78 vs 108.
A $75,000 salary in Henderson has equivalent purchasing power to approximately $54,167 in Springfield, based on the cost of living difference.
Henderson's housing index is 118 with median homes at $420,000, while Springfield's is 52 with median homes at $162,000.

Moving & Relocation Resources

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