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Carlos, MN vs New York Mills, MN

75
Carlos
Minnesota
VS
+11.6%
67
New York Mills
Minnesota

New York Mills is moderately more affordable than Carlos, with a 11.6% lower cost of living index. Carlos scores 75 compared to 67 for New York Mills, where the US average is 100. This difference means residents of Carlos can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carlos is $888/month compared to $712/month in New York Mills — a 25% difference. Home values follow the same pattern: New York Mills is more affordable at $144,900 median vs $174,600.

Median household income in Carlos is $65,625 compared to $51,696 in New York Mills (+26.9%). While Carlos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carlos spend roughly 16.2% of their income on rent, less than the 16.5% in New York Mills.

Income & Cost

Cost of Living Index
Carlos
75
New York Mills
67
10% cheaper
Median Household Income
Carlos
$65,625
21% higher
New York Mills
$51,696

Housing

Median Rent
Carlos
$888
New York Mills
$712
20% cheaper
Median Home Value
Carlos
$174,600
New York Mills
$144,900
17% cheaper
Population
Carlos
465
New York Mills
1,319

Salary Equivalency Calculator

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