Bovey, MN vs Swanville, MN

Bovey, MN and Swanville, MN have a very similar cost of living, with only a 3% difference in their overall index. Bovey scores 68 while Swanville scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bovey is $850/month compared to $656/month in Swanville — a 30% difference. Interestingly, home values tell a different story: while Swanville has cheaper rent, Bovey actually has lower median home values ($103,400 vs $151,300).

Median household income in Bovey is $67,500 compared to $58,750 in Swanville (+14.9%). While Bovey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bovey spend roughly 15.1% of their income on rent, more than the 13.4% in Swanville.