Chatfield, MN vs Wyoming, MN

There is a significant gap in the cost of living between these two cities. Chatfield is 28.3% cheaper than Wyoming. With a cost index of 70 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chatfield to Wyoming should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chatfield is $645/month compared to $1,117/month in Wyoming — a 42% difference. Home values follow the same pattern: Chatfield is more affordable at $216,000 median vs $328,900.

Median household income in Chatfield is $91,912 compared to $101,938 in Wyoming (-9.8%). Wyoming does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Chatfield spend roughly 8.4% of their income on rent, less than the 13.1% in Wyoming.