Byron, MN vs Red Wing, MN

Red Wing is moderately more affordable than Byron, with a 9.7% lower cost of living index. Byron scores 92 compared to 84 for Red Wing, where the US average is 100. This difference means residents of Byron can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Byron is $1,079/month compared to $954/month in Red Wing — a 13% difference. Home values follow the same pattern: Red Wing is more affordable at $224,800 median vs $326,400.

Median household income in Byron is $121,681 compared to $65,259 in Red Wing (+86.5%). While Byron is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Byron spend roughly 10.6% of their income on rent, less than the 17.5% in Red Wing.