Chatfield, MN vs Shorewood, MN

The cost of living difference between Chatfield, MN and Shorewood, MN is dramatic. Chatfield is 55.3% cheaper than Shorewood, a gap that translates to thousands of dollars per year in household expenses. Chatfield has a cost index of 70 while Shorewood sits at 156, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chatfield is $645/month compared to $2,099/month in Shorewood — a 69% difference. Home values follow the same pattern: Chatfield is more affordable at $216,000 median vs $684,500.

Median household income in Chatfield is $91,912 compared to $172,325 in Shorewood (-46.7%). The higher salaries in Shorewood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chatfield spend roughly 8.4% of their income on rent, less than the 14.6% in Shorewood.