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Buffalo Lake, MN vs Finlayson, MN

65
Buffalo Lake
Minnesota
VS
-9%
72
Finlayson
Minnesota

Buffalo Lake is moderately more affordable than Finlayson, with a 9% lower cost of living index. Buffalo Lake scores 65 compared to 72 for Finlayson, where the US average is 100. This difference means residents of Finlayson 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 $790/month in Finlayson — a 3% difference. Home values follow the same pattern: Buffalo Lake is more affordable at $106,000 median vs $175,000.

Median household income in Buffalo Lake is $56,719 compared to $63,750 in Finlayson (-11%). While Finlayson 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, more than the 14.9% in Finlayson.

Income & Cost

Cost of Living Index
Buffalo Lake
65
9% cheaper
Finlayson
72
Median Household Income
Buffalo Lake
$56,719
Finlayson
$63,750
11% higher

Housing

Median Rent
Buffalo Lake
$763
3% cheaper
Finlayson
$790
Median Home Value
Buffalo Lake
$106,000
39% cheaper
Finlayson
$175,000
Population
Buffalo Lake
664
Finlayson
228

Salary Equivalency Calculator

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