Henderson, MN vs Lexington, MN

There is a significant gap in the cost of living between these two cities. Henderson is 21.5% cheaper than Lexington. With a cost index of 82 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Henderson to Lexington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Henderson is $926/month compared to $1,462/month in Lexington — a 37% difference. Home values follow the same pattern: Henderson is more affordable at $207,800 median vs $282,000.

Median household income in Henderson is $88,750 compared to $72,955 in Lexington (+21.7%). 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 Henderson spend roughly 12.5% of their income on rent, less than the 24% in Lexington.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.8°F). Lexington receives more rainfall at 30.7" per year compared to 30.6" in Henderson.