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Henderson, TN vs New Union, TN

63
Henderson
Tennessee
VS
-39.5%
104
New Union
Tennessee

The cost of living difference between Henderson, TN and New Union, TN is dramatic. Henderson is 39.5% cheaper than New Union, a gap that translates to thousands of dollars per year in household expenses. Henderson has a cost index of 63 while New Union sits at 104, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Henderson is $725/month compared to $1,574/month in New Union — a 54% difference. Home values follow the same pattern: Henderson is more affordable at $130,100 median vs $295,100.

Median household income in Henderson is $57,727 compared to $78,343 in New Union (-26.3%). The higher salaries in New Union partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Henderson spend roughly 15.1% of their income on rent, less than the 24.1% in New Union.

Income & Cost

Cost of Living Index
Henderson
63
39% cheaper
New Union
104
Median Household Income
Henderson
$57,727
New Union
$78,343
26% higher

Housing

Median Rent
Henderson
$725
54% cheaper
New Union
$1,574
Median Home Value
Henderson
$130,100
56% cheaper
New Union
$295,100
Population
Henderson
6,349
New Union
2,208

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Henderson $2.89
New Union
US $3.07
🥚
Eggs (grade A, large)
Henderson $2.36
New Union
US $2.50
🥛
Milk (whole)
Henderson $3.80
New Union
US $4.03
🍞
Bread (white)
Henderson $1.74
New Union
US $1.85
🍗
Chicken breast
Henderson $3.91
New Union
US $4.14
Electricity
Henderson $0.14
New Union
US $0.19