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Belview, MN vs Wanamingo, MN

66
Belview
Minnesota
VS
-8.8%
72
Wanamingo
Minnesota

Belview is moderately more affordable than Wanamingo, with a 8.8% lower cost of living index. Belview scores 66 compared to 72 for Wanamingo, where the US average is 100. This difference means residents of Wanamingo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belview is $855/month compared to $611/month in Wanamingo — a 40% difference. Interestingly, home values tell a different story: while Wanamingo has cheaper rent, Belview actually has lower median home values ($79,500 vs $247,400).

Median household income in Belview is $62,000 compared to $85,000 in Wanamingo (-27.1%). While Wanamingo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belview spend roughly 16.5% of their income on rent, more than the 8.6% in Wanamingo.

Income & Cost

Cost of Living Index
Belview
66
9% cheaper
Wanamingo
72
Median Household Income
Belview
$62,000
Wanamingo
$85,000
27% higher

Housing

Median Rent
Belview
$855
Wanamingo
$611
29% cheaper
Median Home Value
Belview
$79,500
68% cheaper
Wanamingo
$247,400
Population
Belview
399
Wanamingo
1,185

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