Benson, MN vs Cambridge, MN
There is a significant gap in the cost of living between these two cities. Benson is 20.5% cheaper than Cambridge. With a cost index of 74 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benson to Cambridge should plan for substantially higher expenses across most categories.
On the housing front, median rent in Benson is $939/month compared to $1,232/month in Cambridge — a 24% difference. Home values follow the same pattern: Benson is more affordable at $146,100 median vs $234,800.
Median household income in Benson is $51,124 compared to $67,632 in Cambridge (-24.4%). While Cambridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benson spend roughly 22% of their income on rent, more than the 21.9% in Cambridge.
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