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Carlton, MN vs Murdock, MN

75
Carlton
Minnesota
VS
+11.1%
68
Murdock
Minnesota

Murdock is moderately more affordable than Carlton, with a 11.1% lower cost of living index. Carlton scores 75 compared to 68 for Murdock, where the US average is 100. This difference means residents of Carlton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carlton is $914/month compared to $863/month in Murdock — a 6% difference. Home values follow the same pattern: Murdock is more affordable at $95,000 median vs $205,300.

Median household income in Carlton is $61,944 compared to $70,500 in Murdock (-12.1%). Murdock offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carlton spend roughly 17.7% of their income on rent, more than the 14.7% in Murdock.

Income & Cost

Cost of Living Index
Carlton
75
Murdock
68
10% cheaper
Median Household Income
Carlton
$61,944
Murdock
$70,500
12% higher

Housing

Median Rent
Carlton
$914
Murdock
$863
6% cheaper
Median Home Value
Carlton
$205,300
Murdock
$95,000
54% cheaper
Population
Carlton
891
Murdock
306

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carlton $2.97
Murdock
US $3.07
🥚
Eggs (grade A, large)
Carlton $2.42
Murdock
US $2.50
🥛
Milk (whole)
Carlton $3.90
Murdock
US $4.03
🍞
Bread (white)
Carlton $1.79
Murdock
US $1.85
🍗
Chicken breast
Carlton $4.01
Murdock
US $4.14
Electricity
Carlton $0.17
Murdock
US $0.19