Belgrade, MN vs Olivia, MN

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

On the housing front, median rent in Belgrade is $647/month compared to $740/month in Olivia — a 13% difference. Home values follow the same pattern: Belgrade is more affordable at $143,900 median vs $156,600.

Median household income in Belgrade is $48,977 compared to $62,683 in Olivia (-21.9%). While Olivia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belgrade spend roughly 15.9% of their income on rent, more than the 14.2% in Olivia.