Avon, MN vs Balaton, MN
Balaton is moderately more affordable than Avon, with a 11.4% lower cost of living index. Avon scores 82 compared to 73 for Balaton, where the US average is 100. This difference means residents of Avon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Avon is $1,013/month compared to $1,081/month in Balaton — a 6% difference. Interestingly, home values tell a different story: while Avon has cheaper rent, Balaton actually has lower median home values ($85,000 vs $240,400).
Median household income in Avon is $90,987 compared to $54,091 in Balaton (+68.2%). While Avon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avon spend roughly 13.4% of their income on rent, less than the 24% in Balaton.
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