Claremont, MN vs Madison, MN

Claremont, MN and Madison, MN have a very similar cost of living, with only a 3.4% difference in their overall index. Claremont scores 68 while Madison scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Claremont is $850/month compared to $920/month in Madison — a 8% difference. Interestingly, home values tell a different story: while Claremont has cheaper rent, Madison actually has lower median home values ($104,600 vs $114,100).

Median household income in Claremont is $66,458 compared to $56,435 in Madison (+17.8%). Claremont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Claremont spend roughly 15.3% of their income on rent, less than the 19.6% in Madison.