Clarks Grove, MN vs Clearwater, MN

There is a significant gap in the cost of living between these two cities. Clarks Grove is 15.9% cheaper than Clearwater. With a cost index of 71 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarks Grove to Clearwater should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarks Grove is $867/month compared to $1,074/month in Clearwater — a 19% difference. Home values follow the same pattern: Clarks Grove is more affordable at $132,800 median vs $248,100.

Median household income in Clarks Grove is $69,792 compared to $89,219 in Clearwater (-21.8%). While Clearwater is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarks Grove spend roughly 14.9% of their income on rent, more than the 14.4% in Clearwater.