Claremont, MN vs Red Lake, MN

There is a significant gap in the cost of living between these two cities. Red Lake is 17.3% cheaper than Claremont. With a cost index of 58 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Red Lake to Claremont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Claremont is $850/month compared to $426/month in Red Lake — a 100% difference. Interestingly, home values tell a different story: while Red Lake has cheaper rent, Claremont actually has lower median home values ($114,100 vs $136,000).

Median household income in Claremont is $66,458 compared to $55,092 in Red Lake (+20.6%). 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, more than the 9.3% in Red Lake.