Clara City, MN vs Newport, MN

There is a significant gap in the cost of living between these two cities. Clara City is 21.8% cheaper than Newport. With a cost index of 75 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clara City to Newport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clara City is $1,063/month compared to $1,080/month in Newport — a 2% difference. Home values follow the same pattern: Clara City is more affordable at $116,500 median vs $331,300.

Median household income in Clara City is $58,431 compared to $63,365 in Newport (-7.8%). Newport 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 Clara City spend roughly 21.8% of their income on rent, more than the 20.5% in Newport.