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Ada, MN vs Montevideo, MN

66
Ada
Minnesota
VS
-5.5%
70
Montevideo
Minnesota

Ada is moderately more affordable than Montevideo, with a 5.5% lower cost of living index. Ada scores 66 compared to 70 for Montevideo, where the US average is 100. This difference means residents of Montevideo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ada is $697/month compared to $832/month in Montevideo — a 16% difference. Interestingly, home values tell a different story: while Ada has cheaper rent, Montevideo actually has lower median home values ($137,600 vs $140,500).

Median household income in Ada is $67,857 compared to $65,724 in Montevideo (+3.2%). 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 15.2% in Montevideo.

Income & Cost

Cost of Living Index
Ada
66
5% cheaper
Montevideo
70
Median Household Income
Ada
$67,857
3% higher
Montevideo
$65,724

Housing

Median Rent
Ada
$697
16% cheaper
Montevideo
$832
Median Home Value
Ada
$140,500
Montevideo
$137,600
2% cheaper
Population
Ada
1,834
Montevideo
5,303

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