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Chatfield, MN vs Henderson, MN

70
Chatfield
Minnesota
VS
-14.5%
82
Henderson
Minnesota

Chatfield is moderately more affordable than Henderson, with a 14.5% lower cost of living index. Chatfield scores 70 compared to 82 for Henderson, where the US average is 100. This difference means residents of Henderson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chatfield is $645/month compared to $926/month in Henderson — a 30% difference. Interestingly, home values tell a different story: while Chatfield has cheaper rent, Henderson actually has lower median home values ($207,800 vs $216,000).

Median household income in Chatfield is $91,912 compared to $88,750 in Henderson (+3.6%). Chatfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chatfield spend roughly 8.4% of their income on rent, less than the 12.5% in Henderson.

Income & Cost

Cost of Living Index
Chatfield
70
14% cheaper
Henderson
82
Median Household Income
Chatfield
$91,912
3% higher
Henderson
$88,750

Housing

Median Rent
Chatfield
$645
30% cheaper
Henderson
$926
Median Home Value
Chatfield
$216,000
Henderson
$207,800
4% cheaper
Population
Chatfield
2,693
Henderson
933

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chatfield $2.97
Henderson $3.20
US $3.07
🥚
Eggs (grade A, large)
Chatfield $2.43
Henderson $2.61
US $2.50
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Milk (whole)
Chatfield $3.91
Henderson $4.21
US $4.03
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Bread (white)
Chatfield $1.79
Henderson $1.93
US $1.85
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Chicken breast
Chatfield $4.02
Henderson $4.33
US $4.14
Electricity
Chatfield $0.17
Henderson $0.17
US $0.19