Cost of Living in Henderson, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.3
100 = national avg
+16.3 vs national average
Living Wage (1 Adult)
$51,153
per year
Living Wage (Family of 4)
$120,908
per year
Cost Index by Category
Housing88.3
Food123.1
Transportation146.3
Healthcare118.5
Utilities111.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,001
per month
2 Bedroom
$1,314
per month
The overall cost of living index in Henderson is 116.3, which is 16.3% above the national average. Housing costs are below the national average at an index of 88.3. A single adult needs to earn approximately $51,153 per year to cover basic expenses.