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Clara City, MN vs Ranier, MN

75
Clara City
Minnesota
VS
+10.2%
68
Ranier
Minnesota

Ranier is moderately more affordable than Clara City, with a 10.2% lower cost of living index. Clara City scores 75 compared to 68 for Ranier, 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 $870/month in Ranier — a 22% difference. Interestingly, home values tell a different story: while Ranier has cheaper rent, Clara City actually has lower median home values ($116,500 vs $140,400).

Median household income in Clara City is $58,431 compared to $81,389 in Ranier (-28.2%). Ranier 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 12.8% in Ranier.

Income & Cost

Cost of Living Index
Clara City
75
Ranier
68
9% cheaper
Median Household Income
Clara City
$58,431
Ranier
$81,389
28% higher

Housing

Median Rent
Clara City
$1,063
Ranier
$870
18% cheaper
Median Home Value
Clara City
$116,500
17% cheaper
Ranier
$140,400
Population
Clara City
1,497
Ranier
541

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clara City
Ranier $2.97
US $3.07
🥚
Eggs (grade A, large)
Clara City
Ranier $2.42
US $2.50
🥛
Milk (whole)
Clara City
Ranier $3.90
US $4.03
🍞
Bread (white)
Clara City
Ranier $1.79
US $1.85
🍗
Chicken breast
Clara City
Ranier $4.01
US $4.14
Electricity
Clara City
Ranier $0.17
US $0.19