Appleton, MN vs Floodwood, MN

Appleton, MN and Floodwood, MN have a very similar cost of living, with only a 2% difference in their overall index. Appleton scores 60 while Floodwood scores 59 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 Appleton is $682/month compared to $667/month in Floodwood — a 2% difference. Interestingly, home values tell a different story: while Floodwood has cheaper rent, Appleton actually has lower median home values ($71,300 vs $100,000).

Median household income in Appleton is $40,117 compared to $40,972 in Floodwood (-2.1%). Floodwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Appleton spend roughly 20.4% of their income on rent, more than the 19.5% in Floodwood.