Byron, MN vs Wells, MN

The cost of living difference between Byron, MN and Wells, MN is dramatic. Wells is 47.3% cheaper than Byron, a gap that translates to thousands of dollars per year in household expenses. Byron has a cost index of 92 while Wells sits at 62, 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 $699/month in Wells — a 54% difference. Home values follow the same pattern: Wells is more affordable at $93,200 median vs $326,400.

Median household income in Byron is $121,681 compared to $58,663 in Wells (+107.4%). 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 14.3% in Wells.