Callaway, MN vs Halstad, MN
Callaway, MN and Halstad, MN have a very similar cost of living, with only a 0.8% difference in their overall index. Callaway scores 64 while Halstad scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Callaway is $792/month compared to $690/month in Halstad — a 15% difference. Interestingly, home values tell a different story: while Halstad has cheaper rent, Callaway actually has lower median home values ($83,300 vs $114,800).
Median household income in Callaway is $55,000 compared to $67,857 in Halstad (-18.9%). Halstad offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Callaway spend roughly 17.3% of their income on rent, more than the 12.2% in Halstad.
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