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Adams, MN vs Springfield, MN

68
Adams
Minnesota
VS
+1.2%
67
Springfield
Minnesota

Adams, MN and Springfield, MN have a very similar cost of living, with only a 1.2% difference in their overall index. Adams scores 68 while Springfield scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Adams is $692/month compared to $781/month in Springfield — a 11% difference. Interestingly, home values tell a different story: while Adams has cheaper rent, Springfield actually has lower median home values ($117,600 vs $160,400).

Median household income in Adams is $85,000 compared to $59,412 in Springfield (+43.1%). 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, less than the 15.8% in Springfield.

Income & Cost

Cost of Living Index
Adams
68
Springfield
67
1% cheaper
Median Household Income
Adams
$85,000
30% higher
Springfield
$59,412

Housing

Median Rent
Adams
$692
11% cheaper
Springfield
$781
Median Home Value
Adams
$160,400
Springfield
$117,600
27% cheaper
Population
Adams
764
Springfield
2,209

Salary Equivalency Calculator

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