Avon, MN vs Stephen, MN

There is a significant gap in the cost of living between these two cities. Stephen is 22.1% cheaper than Avon. With a cost index of 67 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stephen to Avon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Avon is $1,013/month compared to $871/month in Stephen — a 16% difference. Home values follow the same pattern: Stephen is more affordable at $83,800 median vs $240,400.

Median household income in Avon is $90,987 compared to $63,750 in Stephen (+42.7%). 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 16.4% in Stephen.