Appleton, MN vs Verndale, MN
Appleton, MN and Verndale, MN have a very similar cost of living, with only a 3.5% difference in their overall index. Appleton scores 60 while Verndale scores 62 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 $661/month in Verndale — a 3% difference. Interestingly, home values tell a different story: while Verndale has cheaper rent, Appleton actually has lower median home values ($71,300 vs $105,500).
Median household income in Appleton is $40,117 compared to $44,083 in Verndale (-9%). While Verndale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Appleton spend roughly 20.4% of their income on rent, more than the 18% in Verndale.
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