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Alvarado, MN vs Solway, MN

78
Alvarado
Minnesota
VS
-12.7%
89
Solway
Minnesota

Alvarado is moderately more affordable than Solway, with a 12.7% lower cost of living index. Alvarado scores 78 compared to 89 for Solway, where the US average is 100. This difference means residents of Solway can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Alvarado are $132,700 compared to $185,800 in Solway, a 29% gap.

Median household income in Alvarado is $70,000 compared to $118,750 in Solway (-41.1%). While Solway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Alvarado
78
13% cheaper
Solway
89
Median Household Income
Alvarado
$70,000
Solway
$118,750
41% higher

Housing

Median Rent
Alvarado
$1,208
Solway
Median Home Value
Alvarado
$132,700
29% cheaper
Solway
$185,800
Population
Alvarado
338
Solway
116

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Alvarado $2.97
Solway
US $3.07
🥚
Eggs (grade A, large)
Alvarado $2.43
Solway
US $2.50
🥛
Milk (whole)
Alvarado $3.91
Solway
US $4.03
🍞
Bread (white)
Alvarado $1.79
Solway
US $1.85
🍗
Chicken breast
Alvarado $4.02
Solway
US $4.14
Electricity
Alvarado $0.15
Solway
US $0.19