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Bagley, MN vs Perham, MN

63
Bagley
Minnesota
VS
-14.4%
74
Perham
Minnesota

Bagley is moderately more affordable than Perham, with a 14.4% lower cost of living index. Bagley scores 63 compared to 74 for Perham, where the US average is 100. This difference means residents of Perham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bagley is $717/month compared to $813/month in Perham — a 12% difference. Home values follow the same pattern: Bagley is more affordable at $135,100 median vs $186,000.

Median household income in Bagley is $53,417 compared to $47,088 in Perham (+13.4%). Bagley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bagley spend roughly 16.1% of their income on rent, less than the 20.7% in Perham.

Income & Cost

Cost of Living Index
Bagley
63
14% cheaper
Perham
74
Median Household Income
Bagley
$53,417
12% higher
Perham
$47,088

Housing

Median Rent
Bagley
$717
12% cheaper
Perham
$813
Median Home Value
Bagley
$135,100
27% cheaper
Perham
$186,000
Population
Bagley
1,218
Perham
3,577

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bagley $2.97
Perham
US $3.07
🥚
Eggs (grade A, large)
Bagley $2.43
Perham
US $2.50
🥛
Milk (whole)
Bagley $3.91
Perham
US $4.03
🍞
Bread (white)
Bagley $1.79
Perham
US $1.85
🍗
Chicken breast
Bagley $4.02
Perham
US $4.14
Electricity
Bagley $0.15
Perham
US $0.19