Buffalo Lake, MN vs Coleraine, MN

Buffalo Lake is moderately more affordable than Coleraine, with a 14.3% lower cost of living index. Buffalo Lake scores 65 compared to 76 for Coleraine, where the US average is 100. This difference means residents of Coleraine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Buffalo Lake is $763/month compared to $923/month in Coleraine — a 17% difference. Home values follow the same pattern: Buffalo Lake is more affordable at $106,000 median vs $179,900.

Median household income in Buffalo Lake is $56,719 compared to $67,083 in Coleraine (-15.4%). While Coleraine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buffalo Lake spend roughly 16.1% of their income on rent, less than the 16.5% in Coleraine.