Chokio, MN vs Red Lake Falls, MN

Red Lake Falls is moderately more affordable than Chokio, with a 9.7% lower cost of living index. Chokio scores 64 compared to 58 for Red Lake Falls, where the US average is 100. This difference means residents of Chokio can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chokio is $764/month compared to $568/month in Red Lake Falls — a 35% difference. Interestingly, home values tell a different story: while Red Lake Falls has cheaper rent, Chokio actually has lower median home values ($85,600 vs $132,300).

Median household income in Chokio is $50,556 compared to $63,929 in Red Lake Falls (-20.9%). Red Lake Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chokio spend roughly 18.1% of their income on rent, more than the 10.7% in Red Lake Falls.