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Clara City, MN vs Pipestone, MN

75
Clara City
Minnesota
VS
+18.1%
64
Pipestone
Minnesota

There is a significant gap in the cost of living between these two cities. Pipestone is 18.1% cheaper than Clara City. With a cost index of 64 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pipestone 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 $722/month in Pipestone — a 47% difference. Home values follow the same pattern: Pipestone is more affordable at $102,000 median vs $116,500.

Median household income in Clara City is $58,431 compared to $61,442 in Pipestone (-4.9%). Pipestone 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 14.1% in Pipestone.

Income & Cost

Cost of Living Index
Clara City
75
Pipestone
64
15% cheaper
Median Household Income
Clara City
$58,431
Pipestone
$61,442
5% higher

Housing

Median Rent
Clara City
$1,063
Pipestone
$722
32% cheaper
Median Home Value
Clara City
$116,500
Pipestone
$102,000
12% cheaper
Population
Clara City
1,497
Pipestone
4,165

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