Benson, MN vs Mound, MN
There is a significant gap in the cost of living between these two cities. Benson is 25.2% cheaper than Mound. With a cost index of 74 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benson to Mound should plan for substantially higher expenses across most categories.
On the housing front, median rent in Benson is $939/month compared to $1,119/month in Mound — a 16% difference. Home values follow the same pattern: Benson is more affordable at $146,100 median vs $348,600.
Median household income in Benson is $51,124 compared to $91,370 in Mound (-44%). While Mound 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 14.7% in Mound.
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