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Askov, MN vs Sherburn, MN

56
Askov
Minnesota
VS
-12.4%
64
Sherburn
Minnesota

Askov is moderately more affordable than Sherburn, with a 12.4% lower cost of living index. Askov scores 56 compared to 64 for Sherburn, where the US average is 100. This difference means residents of Sherburn can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Askov is $388/month compared to $734/month in Sherburn — a 47% difference. Interestingly, home values tell a different story: while Askov has cheaper rent, Sherburn actually has lower median home values ($97,900 vs $129,200).

Median household income in Askov is $34,464 compared to $63,026 in Sherburn (-45.3%). While Sherburn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Askov spend roughly 13.5% of their income on rent, less than the 14% in Sherburn.

Income & Cost

Cost of Living Index
Askov
56
12% cheaper
Sherburn
64
Median Household Income
Askov
$34,464
Sherburn
$63,026
45% higher

Housing

Median Rent
Askov
$388
47% cheaper
Sherburn
$734
Median Home Value
Askov
$129,200
Sherburn
$97,900
24% cheaper
Population
Askov
333
Sherburn
946

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