Buhl, MN vs Mountain Iron, MN

Buhl, MN and Mountain Iron, MN have a very similar cost of living, with only a 2.3% difference in their overall index. Buhl scores 71 while Mountain Iron scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Buhl is $1,032/month compared to $911/month in Mountain Iron — a 13% difference. Interestingly, home values tell a different story: while Mountain Iron has cheaper rent, Buhl actually has lower median home values ($115,700 vs $180,700).

Median household income in Buhl is $58,179 compared to $81,607 in Mountain Iron (-28.7%). While Mountain Iron is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buhl spend roughly 21.3% of their income on rent, more than the 13.4% in Mountain Iron.