Akeley, MN vs Grand Meadow, MN

Grand Meadow is moderately more affordable than Akeley, with a 12.6% lower cost of living index. Akeley scores 70 compared to 63 for Grand Meadow, where the US average is 100. This difference means residents of Akeley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Akeley is $930/month compared to $498/month in Grand Meadow — a 87% difference. Interestingly, home values tell a different story: while Grand Meadow has cheaper rent, Akeley actually has lower median home values ($105,600 vs $169,100).

Median household income in Akeley is $43,750 compared to $68,750 in Grand Meadow (-36.4%). Grand Meadow offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Akeley spend roughly 25.5% of their income on rent, more than the 8.7% in Grand Meadow.