Adams, MN vs Grey Eagle, MN
There is a significant gap in the cost of living between these two cities. Grey Eagle is 19.3% cheaper than Adams. With a cost index of 57 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grey Eagle to Adams should plan for substantially higher expenses across most categories.
On the housing front, median rent in Adams is $692/month compared to $360/month in Grey Eagle — a 92% difference. Interestingly, home values tell a different story: while Grey Eagle has cheaper rent, Adams actually has lower median home values ($160,400 vs $178,000).
Median household income in Adams is $85,000 compared to $46,750 in Grey Eagle (+81.8%). While Adams is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Adams spend roughly 9.8% of their income on rent, more than the 9.2% in Grey Eagle.
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