Henderson, KY vs Owensboro, KY

Henderson is moderately more affordable than Owensboro, with a 5% lower cost of living index. Henderson scores 68 compared to 72 for Owensboro, where the US average is 100. This difference means residents of Owensboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Henderson is $788/month compared to $900/month in Owensboro — a 12% difference. Home values follow the same pattern: Henderson is more affordable at $151,400 median vs $162,900.

Median household income in Henderson is $47,176 compared to $53,295 in Owensboro (-11.5%). While Owensboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Henderson spend roughly 20% of their income on rent, less than the 20.3% in Owensboro.