Claremont, MN vs Elmdale, MN

There is a significant gap in the cost of living between these two cities. Claremont is 27.5% cheaper than Elmdale. With a cost index of 68 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Claremont to Elmdale should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Claremont are $114,100 compared to $268,800 in Elmdale, a 58% gap.

Median household income in Claremont is $66,458 compared to $141,250 in Elmdale (-53%). While Elmdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.