Bigelow, MN vs Loretto, MN

Loretto is moderately more affordable than Bigelow, with a 14.6% lower cost of living index. Bigelow scores 106 compared to 92 for Loretto, where the US average is 100. This difference means residents of Bigelow can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Bigelow has a median rent of $1,550/month while Loretto comes in at $888/month, a 75% difference.

Median household income in Bigelow is $75,625 compared to $110,833 in Loretto (-31.8%). Loretto offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bigelow spend roughly 24.6% of their income on rent, more than the 9.6% in Loretto.