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Byron, MN vs Springfield, MN

92
Byron
Minnesota
VS
+37.5%
67
Springfield
Minnesota

The cost of living difference between Byron, MN and Springfield, MN is dramatic. Springfield is 37.5% cheaper than Byron, a gap that translates to thousands of dollars per year in household expenses. Byron has a cost index of 92 while Springfield sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Byron is $1,079/month compared to $781/month in Springfield — a 38% difference. Home values follow the same pattern: Springfield is more affordable at $117,600 median vs $326,400.

Median household income in Byron is $121,681 compared to $59,412 in Springfield (+104.8%). 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 15.8% in Springfield.

Income & Cost

Cost of Living Index
Byron
92
Springfield
67
27% cheaper
Median Household Income
Byron
$121,681
51% higher
Springfield
$59,412

Housing

Median Rent
Byron
$1,079
Springfield
$781
28% cheaper
Median Home Value
Byron
$326,400
Springfield
$117,600
64% cheaper
Population
Byron
6,510
Springfield
2,209

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Byron $2.97
Springfield
US $3.07
🥚
Eggs (grade A, large)
Byron $2.43
Springfield
US $2.50
🥛
Milk (whole)
Byron $3.91
Springfield
US $4.03
🍞
Bread (white)
Byron $1.79
Springfield
US $1.85
🍗
Chicken breast
Byron $4.02
Springfield
US $4.14
Electricity
Byron $0.17
Springfield
US $0.19