Barrett, MN vs Grand Meadow, MN

There is a significant gap in the cost of living between these two cities. Grand Meadow is 28.2% cheaper than Barrett. With a cost index of 63 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grand Meadow to Barrett should plan for substantially higher expenses across most categories.

On the housing front, median rent in Barrett is $1,284/month compared to $498/month in Grand Meadow — a 158% difference. Interestingly, home values tell a different story: while Grand Meadow has cheaper rent, Barrett actually has lower median home values ($94,000 vs $169,100).

Median household income in Barrett is $58,125 compared to $68,750 in Grand Meadow (-15.5%). Grand Meadow offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Barrett spend roughly 26.5% of their income on rent, more than the 8.7% in Grand Meadow.