Ada, MN vs Deerwood, MN

There is a significant gap in the cost of living between these two cities. Ada is 16.2% cheaper than Deerwood. With a cost index of 66 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ada to Deerwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ada is $697/month compared to $920/month in Deerwood — a 24% difference. Home values follow the same pattern: Ada is more affordable at $140,500 median vs $214,700.

Median household income in Ada is $67,857 compared to $62,679 in Deerwood (+8.3%). Ada offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ada spend roughly 12.3% of their income on rent, less than the 17.6% in Deerwood.