Clarks Grove, MN vs Finlayson, MN

Clarks Grove, MN and Finlayson, MN have a very similar cost of living, with only a 1.6% difference in their overall index. Clarks Grove scores 71 while Finlayson scores 72 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 Clarks Grove is $867/month compared to $790/month in Finlayson — a 10% difference. Interestingly, home values tell a different story: while Finlayson has cheaper rent, Clarks Grove actually has lower median home values ($132,800 vs $175,000).

Median household income in Clarks Grove is $69,792 compared to $63,750 in Finlayson (+9.5%). Clarks Grove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clarks Grove spend roughly 14.9% of their income on rent, less than the 14.9% in Finlayson.