Aitkin, MN vs Raymond, MN

Aitkin is moderately more affordable than Raymond, with a 9.3% lower cost of living index. Aitkin scores 68 compared to 75 for Raymond, where the US average is 100. This difference means residents of Raymond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Aitkin is $657/month compared to $959/month in Raymond — a 32% difference. Interestingly, home values tell a different story: while Aitkin has cheaper rent, Raymond actually has lower median home values ($146,000 vs $172,800).

Median household income in Aitkin is $45,813 compared to $62,308 in Raymond (-26.5%). While Raymond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aitkin spend roughly 17.2% of their income on rent, less than the 18.5% in Raymond.