Bingham Lake, MN vs Clinton, MN

There is a significant gap in the cost of living between these two cities. Clinton is 15.8% cheaper than Bingham Lake. With a cost index of 80 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clinton to Bingham Lake should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Bingham Lake are $225,000 compared to $71,800 in Clinton, a 213% gap.

Median household income in Bingham Lake is $86,250 compared to $63,750 in Clinton (+35.3%). While Bingham Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.