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Clara City, MN vs Claremont, MN

75
Clara City
Minnesota
VS
+11.4%
68
Claremont
Minnesota

Claremont is moderately more affordable than Clara City, with a 11.4% lower cost of living index. Clara City scores 75 compared to 68 for Claremont, where the US average is 100. This difference means residents of Clara City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clara City is $1,063/month compared to $850/month in Claremont — a 25% difference. Home values follow the same pattern: Claremont is more affordable at $114,100 median vs $116,500.

Median household income in Clara City is $58,431 compared to $66,458 in Claremont (-12.1%). Claremont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clara City spend roughly 21.8% of their income on rent, more than the 15.3% in Claremont.

Income & Cost

Cost of Living Index
Clara City
75
Claremont
68
10% cheaper
Median Household Income
Clara City
$58,431
Claremont
$66,458
12% higher

Housing

Median Rent
Clara City
$1,063
Claremont
$850
20% cheaper
Median Home Value
Clara City
$116,500
Claremont
$114,100
2% cheaper
Population
Clara City
1,497
Claremont
554

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clara City
Claremont $2.97
US $3.07
🥚
Eggs (grade A, large)
Clara City
Claremont $2.43
US $2.50
🥛
Milk (whole)
Clara City
Claremont $3.91
US $4.03
🍞
Bread (white)
Clara City
Claremont $1.79
US $1.85
🍗
Chicken breast
Clara City
Claremont $4.02
US $4.14
Electricity
Clara City
Claremont $0.17
US $0.19