Butterfield, MN vs Renville, MN

Butterfield, MN and Renville, MN have a very similar cost of living, with only a 3.6% difference in their overall index. Butterfield scores 61 while Renville scores 63 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 Butterfield is $683/month compared to $671/month in Renville — a 2% difference. Interestingly, home values tell a different story: while Renville has cheaper rent, Butterfield actually has lower median home values ($77,800 vs $109,700).

Median household income in Butterfield is $57,292 compared to $73,750 in Renville (-22.3%). While Renville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Butterfield spend roughly 14.3% of their income on rent, more than the 10.9% in Renville.