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Henderson, MN vs Russell, MN

82
Henderson
Minnesota
VS
+29.2%
63
Russell
Minnesota

There is a significant gap in the cost of living between these two cities. Russell is 29.2% cheaper than Henderson. With a cost index of 63 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Russell to Henderson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Henderson is $926/month compared to $700/month in Russell — a 32% difference. Home values follow the same pattern: Russell is more affordable at $101,700 median vs $207,800.

Median household income in Henderson is $88,750 compared to $62,143 in Russell (+42.8%). 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 Henderson spend roughly 12.5% of their income on rent, less than the 13.5% in Russell.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Henderson receives more rainfall at 30.6" per year compared to 28" in Russell.

Income & Cost

Cost of Living Index
Henderson
82
Russell
63
23% cheaper
Median Household Income
Henderson
$88,750
30% higher
Russell
$62,143

Housing

Median Rent
Henderson
$926
Russell
$700
24% cheaper
Median Home Value
Henderson
$207,800
Russell
$101,700
51% cheaper
Population
Henderson
933
Russell
323

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Henderson $3.20
Russell
US $3.07
🥚
Eggs (grade A, large)
Henderson $2.61
Russell
US $2.50
🥛
Milk (whole)
Henderson $4.21
Russell
US $4.03
🍞
Bread (white)
Henderson $1.93
Russell
US $1.85
🍗
Chicken breast
Henderson $4.33
Russell
US $4.14
Electricity
Henderson $0.17
Russell
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Henderson 46.7°F
Russell 45.4°F
Summer High
Henderson 84°F
Russell 84°F
Winter Low
Henderson 8°F
Russell 6°F
Rainfall
Henderson 30.6"
Russell 28"
Rainy Days
Henderson 107d
Russell 96d