Butterfield, MN vs Richmond, MN

Butterfield is moderately more affordable than Richmond, with a 10% lower cost of living index. Butterfield scores 61 compared to 67 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Butterfield is $683/month compared to $584/month in Richmond — a 17% difference. Interestingly, home values tell a different story: while Richmond has cheaper rent, Butterfield actually has lower median home values ($77,800 vs $225,500).

Median household income in Butterfield is $57,292 compared to $67,381 in Richmond (-15%). While Richmond 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 10.4% in Richmond.