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Barnum, MN vs Renville, MN

69
Barnum
Minnesota
VS
+9%
63
Renville
Minnesota

Renville is moderately more affordable than Barnum, with a 9% lower cost of living index. Barnum scores 69 compared to 63 for Renville, where the US average is 100. This difference means residents of Barnum can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Barnum is $902/month compared to $671/month in Renville — a 34% difference. Home values follow the same pattern: Renville is more affordable at $109,700 median vs $131,300.

Median household income in Barnum is $49,583 compared to $73,750 in Renville (-32.8%). Renville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Barnum spend roughly 21.8% of their income on rent, more than the 10.9% in Renville.

Income & Cost

Cost of Living Index
Barnum
69
Renville
63
8% cheaper
Median Household Income
Barnum
$49,583
Renville
$73,750
33% higher

Housing

Median Rent
Barnum
$902
Renville
$671
26% cheaper
Median Home Value
Barnum
$131,300
Renville
$109,700
16% cheaper
Population
Barnum
491
Renville
1,397

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Barnum $2.97
Renville
US $3.07
🥚
Eggs (grade A, large)
Barnum $2.42
Renville
US $2.50
🥛
Milk (whole)
Barnum $3.90
Renville
US $4.03
🍞
Bread (white)
Barnum $1.79
Renville
US $1.85
🍗
Chicken breast
Barnum $4.01
Renville
US $4.14
Electricity
Barnum $0.17
Renville
US $0.19