Caledonia, MN vs Wyoming, MN

There is a significant gap in the cost of living between these two cities. Caledonia is 29.9% cheaper than Wyoming. With a cost index of 68 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caledonia to Wyoming should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caledonia is $804/month compared to $1,117/month in Wyoming — a 28% difference. Home values follow the same pattern: Caledonia is more affordable at $148,500 median vs $328,900.

Median household income in Caledonia is $69,792 compared to $101,938 in Wyoming (-31.5%). While Wyoming is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caledonia spend roughly 13.8% of their income on rent, more than the 13.1% in Wyoming.