Adams, MN vs Peterson, MN

There is a significant gap in the cost of living between these two cities. Peterson is 16.6% cheaper than Adams. With a cost index of 58 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peterson to Adams should plan for substantially higher expenses across most categories.

On the housing front, median rent in Adams is $692/month compared to $538/month in Peterson — a 29% difference. Home values follow the same pattern: Peterson is more affordable at $112,500 median vs $160,400.

Median household income in Adams is $85,000 compared to $66,250 in Peterson (+28.3%). 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 9.7% in Peterson.