Bovey, MN vs Vergas, MN

Bovey, MN and Vergas, MN have a very similar cost of living, with only a 3.2% difference in their overall index. Bovey scores 68 while Vergas 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 $617/month in Vergas — a 38% difference. Interestingly, home values tell a different story: while Vergas has cheaper rent, Bovey actually has lower median home values ($103,400 vs $163,700).

Median household income in Bovey is $67,500 compared to $85,000 in Vergas (-20.6%). Vergas offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bovey spend roughly 15.1% of their income on rent, more than the 8.7% in Vergas.