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Boyd, MN vs Ranier, MN

76
Boyd
Minnesota
VS
+10.7%
68
Ranier
Minnesota

Ranier is moderately more affordable than Boyd, with a 10.7% lower cost of living index. Boyd scores 76 compared to 68 for Ranier, where the US average is 100. This difference means residents of Boyd can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Boyd are $26,100 compared to $140,400 in Ranier, a 81% gap.

Median household income in Boyd is $54,500 compared to $81,389 in Ranier (-33%). Ranier offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Boyd
76
Ranier
68
10% cheaper
Median Household Income
Boyd
$54,500
Ranier
$81,389
33% higher

Housing

Median Rent
Boyd
Ranier
$870
Median Home Value
Boyd
$26,100
81% cheaper
Ranier
$140,400
Population
Boyd
186
Ranier
541

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boyd
Ranier $2.97
US $3.07
🥚
Eggs (grade A, large)
Boyd
Ranier $2.42
US $2.50
🥛
Milk (whole)
Boyd
Ranier $3.90
US $4.03
🍞
Bread (white)
Boyd
Ranier $1.79
US $1.85
🍗
Chicken breast
Boyd
Ranier $4.01
US $4.14
Electricity
Boyd
Ranier $0.17
US $0.19