JSFiddle - React, Tailwind, and code Playground

HTML

<input type="number" id="upperBidRange" step="1000" >
<input type="number" id="lowerBidRange" step="1000" min="1000" value="1000">

JavaScript

function SetBidIncrementAmountAndUpperBidRangeMins() {
        $('#upperBidRange').attr('min', $('#lowerBidRange').val());
    }

function SetBidIncrementAmountAndUpperBidRangeValues() {
  $('#upperBidRange').val($('#lowerBidRange').val())
}

$(SetBidIncrementAmountAndUpperBidRangeMins);
$(SetBidIncrementAmountAndUpperBidRangeValues);

$('#lowerBidRange').bind('keyup mouseup onwheel input keypress change paste', function () {
  SetBidIncrementAmountAndUpperBidRangeMins();

  if ($('#lowerBidRange').val() > $('#upperBidRange').val()) {
    $(SetBidIncrementAmountAndUpperBidRangeValues);
  }
});