Calumet, MN vs Deerwood, MN

There is a significant gap in the cost of living between these two cities. Calumet is 22.2% cheaper than Deerwood. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Calumet to Deerwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Calumet is $645/month compared to $920/month in Deerwood — a 30% difference. Home values follow the same pattern: Calumet is more affordable at $102,600 median vs $214,700.

Median household income in Calumet is $40,833 compared to $62,679 in Deerwood (-34.9%). While Deerwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Calumet spend roughly 19% of their income on rent, more than the 17.6% in Deerwood.