Clara City, MN vs Cosmos, MN

There is a significant gap in the cost of living between these two cities. Cosmos is 20.4% cheaper than Clara City. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cosmos to Clara City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clara City is $1,063/month compared to $699/month in Cosmos — a 52% difference. Home values follow the same pattern: Cosmos is more affordable at $95,000 median vs $116,500.

Median household income in Clara City is $58,431 compared to $50,833 in Cosmos (+14.9%). The higher salaries in Clara City partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Clara City spend roughly 21.8% of their income on rent, more than the 16.5% in Cosmos.