Calumet, MN vs Karlstad, MN

Calumet, MN and Karlstad, MN have a very similar cost of living, with only a 2.5% difference in their overall index. Calumet scores 62 while Karlstad scores 63 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 Calumet is $645/month compared to $650/month in Karlstad — a 1% difference. Home values follow the same pattern: Calumet is more affordable at $102,600 median vs $120,300.

Median household income in Calumet is $40,833 compared to $61,324 in Karlstad (-33.4%). While Karlstad 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 12.7% in Karlstad.