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Altura, MN vs Medford, MN

66
Altura
Minnesota
VS
-21.5%
84
Medford
Minnesota

There is a significant gap in the cost of living between these two cities. Altura is 21.5% cheaper than Medford. With a cost index of 66 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Altura to Medford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altura is $644/month compared to $1,036/month in Medford — a 38% difference. Home values follow the same pattern: Altura is more affordable at $171,900 median vs $234,300.

Median household income in Altura is $65,833 compared to $98,375 in Medford (-33.1%). While Medford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altura spend roughly 11.7% of their income on rent, less than the 12.6% in Medford.

Income & Cost

Cost of Living Index
Altura
66
21% cheaper
Medford
84
Median Household Income
Altura
$65,833
Medford
$98,375
33% higher

Housing

Median Rent
Altura
$644
38% cheaper
Medford
$1,036
Median Home Value
Altura
$171,900
27% cheaper
Medford
$234,300
Population
Altura
413
Medford
1,194

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Altura $2.97
Medford
US $3.07
🥚
Eggs (grade A, large)
Altura $2.43
Medford
US $2.50
🥛
Milk (whole)
Altura $3.91
Medford
US $4.03
🍞
Bread (white)
Altura $1.79
Medford
US $1.85
🍗
Chicken breast
Altura $4.02
Medford
US $4.14
Electricity
Altura $0.17
Medford
US $0.19