Chatfield, MN vs Grand Meadow, MN

Grand Meadow is moderately more affordable than Chatfield, with a 11.6% lower cost of living index. Chatfield scores 70 compared to 63 for Grand Meadow, where the US average is 100. This difference means residents of Chatfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chatfield is $645/month compared to $498/month in Grand Meadow — a 30% difference. Home values follow the same pattern: Grand Meadow is more affordable at $169,100 median vs $216,000.

Median household income in Chatfield is $91,912 compared to $68,750 in Grand Meadow (+33.7%). While Chatfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chatfield spend roughly 8.4% of their income on rent, less than the 8.7% in Grand Meadow.