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Breckenridge, MN vs Medford, MN

60
Breckenridge
Minnesota
VS
-28.2%
84
Medford
Minnesota

There is a significant gap in the cost of living between these two cities. Breckenridge is 28.2% cheaper than Medford. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Breckenridge to Medford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Breckenridge is $502/month compared to $1,036/month in Medford — a 52% difference. Home values follow the same pattern: Breckenridge is more affordable at $142,000 median vs $234,300.

Median household income in Breckenridge is $57,344 compared to $98,375 in Medford (-41.7%). While Medford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Breckenridge spend roughly 10.5% of their income on rent, less than the 12.6% in Medford.

Income & Cost

Cost of Living Index
Breckenridge
60
28% cheaper
Medford
84
Median Household Income
Breckenridge
$57,344
Medford
$98,375
42% higher

Housing

Median Rent
Breckenridge
$502
52% cheaper
Medford
$1,036
Median Home Value
Breckenridge
$142,000
39% cheaper
Medford
$234,300
Population
Breckenridge
3,369
Medford
1,194

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