Alden, MN vs Gilman, MN

Alden, MN and Gilman, MN have a very similar cost of living, with only a 2.8% difference in their overall index. Alden scores 75 while Gilman scores 77 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 Alden is $1,038/month compared to $920/month in Gilman — a 13% difference. Interestingly, home values tell a different story: while Gilman has cheaper rent, Alden actually has lower median home values ($122,700 vs $221,100).

Median household income in Alden is $75,833 compared to $68,750 in Gilman (+10.3%). Alden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alden spend roughly 16.4% of their income on rent, more than the 16.1% in Gilman.