Cokato, MN vs Henderson, MN

Cokato, MN and Henderson, MN have a very similar cost of living, with only a 0.8% difference in their overall index. Cokato scores 82 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 Cokato is $926/month compared to $926/month in Henderson — a 0% difference. Home values follow the same pattern: Henderson is more affordable at $207,800 median vs $216,100.

Median household income in Cokato is $71,090 compared to $88,750 in Henderson (-19.9%). Henderson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cokato spend roughly 15.6% of their income on rent, more than the 12.5% in Henderson.