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Beardsley, MN vs Buffalo Lake, MN

56
Beardsley
Minnesota
VS
-14.6%
65
Buffalo Lake
Minnesota

Beardsley is moderately more affordable than Buffalo Lake, with a 14.6% lower cost of living index. Beardsley scores 56 compared to 65 for Buffalo Lake, where the US average is 100. This difference means residents of Buffalo Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beardsley is $533/month compared to $763/month in Buffalo Lake — a 30% difference. Home values follow the same pattern: Beardsley is more affordable at $74,500 median vs $106,000.

Median household income in Beardsley is $67,857 compared to $56,719 in Buffalo Lake (+19.6%). Beardsley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beardsley spend roughly 9.4% of their income on rent, less than the 16.1% in Buffalo Lake.

Income & Cost

Cost of Living Index
Beardsley
56
15% cheaper
Buffalo Lake
65
Median Household Income
Beardsley
$67,857
16% higher
Buffalo Lake
$56,719

Housing

Median Rent
Beardsley
$533
30% cheaper
Buffalo Lake
$763
Median Home Value
Beardsley
$74,500
30% cheaper
Buffalo Lake
$106,000
Population
Beardsley
226
Buffalo Lake
664

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