Clarkfield, MN vs Paynesville, MN

Clarkfield is moderately more affordable than Paynesville, with a 6.3% lower cost of living index. Clarkfield scores 65 compared to 69 for Paynesville, where the US average is 100. This difference means residents of Paynesville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clarkfield is $792/month compared to $791/month in Paynesville — a 0% difference. Interestingly, home values tell a different story: while Paynesville has cheaper rent, Clarkfield actually has lower median home values ($86,400 vs $168,800).

Median household income in Clarkfield is $57,232 compared to $72,105 in Paynesville (-20.6%). While Paynesville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarkfield spend roughly 16.6% of their income on rent, more than the 13.2% in Paynesville.