Ada, MN vs Clear Lake, MN

There is a significant gap in the cost of living between these two cities. Ada is 20.8% cheaper than Clear Lake. With a cost index of 66 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ada to Clear Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ada is $697/month compared to $864/month in Clear Lake — a 19% difference. Home values follow the same pattern: Ada is more affordable at $140,500 median vs $255,800.

Median household income in Ada is $67,857 compared to $105,000 in Clear Lake (-35.4%). While Clear Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ada spend roughly 12.3% of their income on rent, more than the 9.9% in Clear Lake.