Audubon, MN vs Cottonwood, MN

Audubon, MN and Cottonwood, MN have a very similar cost of living, with only a 1.2% difference in their overall index. Audubon scores 75 while Cottonwood scores 76 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 Audubon is $914/month compared to $914/month in Cottonwood — a 0% difference. Interestingly, home values tell a different story: while Cottonwood has cheaper rent, Audubon actually has lower median home values ($169,200 vs $180,200).

Median household income in Audubon is $65,982 compared to $90,750 in Cottonwood (-27.3%). While Cottonwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Audubon spend roughly 16.6% of their income on rent, more than the 12.1% in Cottonwood.