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Benson, MN vs Shafer, MN

74
Benson
Minnesota
VS
-11.8%
84
Shafer
Minnesota

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

Cost of Living Index
Benson
74
12% cheaper
Shafer
84
Median Household Income
Benson
$51,124
Shafer
$96,042
47% higher

Housing

Median Rent
Benson
$939
2% cheaper
Shafer
$954
Median Home Value
Benson
$146,100
35% cheaper
Shafer
$225,700
Population
Benson
3,449
Shafer
1,151

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Benson
Shafer $3.20
US $3.07
🥚
Eggs (grade A, large)
Benson
Shafer $2.61
US $2.50
🥛
Milk (whole)
Benson
Shafer $4.21
US $4.03
🍞
Bread (white)
Benson
Shafer $1.93
US $1.85
🍗
Chicken breast
Benson
Shafer $4.33
US $4.14
Electricity
Benson
Shafer $0.17
US $0.19