Braham, MN vs Luverne, MN

There is a significant gap in the cost of living between these two cities. Luverne is 16.9% cheaper than Braham. With a cost index of 68 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Luverne to Braham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Braham is $905/month compared to $718/month in Luverne — a 26% difference. Home values follow the same pattern: Luverne is more affordable at $181,100 median vs $191,600.

Median household income in Braham is $55,417 compared to $66,145 in Luverne (-16.2%). Luverne offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Braham spend roughly 19.6% of their income on rent, more than the 13% in Luverne.