Benson, MN vs Shafer, MN
Benson is moderately more affordable than Shafer, with a 11.8% lower cost of living index. Benson scores 74 compared to 84 for Shafer, where the US average is 100. This difference means residents of Shafer can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Benson is $939/month compared to $954/month in Shafer — a 2% difference. Home values follow the same pattern: Benson is more affordable at $146,100 median vs $225,700.
Median household income in Benson is $51,124 compared to $96,042 in Shafer (-46.8%). While Shafer 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 11.9% in Shafer.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area