Barrett, MN vs Henderson, MN

Barrett, MN and Henderson, MN have a very similar cost of living, with only a 1.7% difference in their overall index. Barrett scores 80 while Henderson scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Barrett is $1,284/month compared to $926/month in Henderson — a 39% difference. Interestingly, home values tell a different story: while Henderson has cheaper rent, Barrett actually has lower median home values ($94,000 vs $207,800).

Median household income in Barrett is $58,125 compared to $88,750 in Henderson (-34.5%). While Henderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Barrett spend roughly 26.5% of their income on rent, more than the 12.5% in Henderson.