Cost of Living in Henderson, NV
Housing
The housing market plays a significant role in determining the cost of living in Henderson, NV.
- Housing Index: 110.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1900 per month
Based on the data provided for Henderson, NV, the housing index stands at 110.0, indicating a moderately competitive market. With an average rent of 1800 for a 2-bedroom apartment and 1900 for a house, rental options are relatively expensive. The absence of a median home price suggests a potential gap in the market, typically signaling a strong rental demand. For long-term living considerations, it may be beneficial to explore home-buying options or investigate nearby communities with more favorable pricing trends, as this could improve housing stability for you.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Henderson, NV.
- Electricity Price: $15.5 USD (median by state)
- Natural Gas Price: $20.66 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Henderson, NV could entail higher utility costs. Electricity costs sit at $15.5, while natural gas is priced at $20.66 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Henderson is a financially viable option for your relocation.