Claremont, MN vs Magnolia, MN

Magnolia is moderately more affordable than Claremont, with a 11.3% lower cost of living index. Claremont scores 68 compared to 61 for Magnolia, where the US average is 100. This difference means residents of Claremont can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Claremont is $850/month compared to $754/month in Magnolia — a 13% difference. Home values follow the same pattern: Magnolia is more affordable at $78,000 median vs $114,100.

Median household income in Claremont is $66,458 compared to $47,159 in Magnolia (+40.9%). While Claremont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Claremont spend roughly 15.3% of their income on rent, less than the 19.2% in Magnolia.