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Clarks Grove, MN vs Granada, MN

71
Clarks Grove
Minnesota
VS
+20.4%
59
Granada
Minnesota

There is a significant gap in the cost of living between these two cities. Granada is 20.4% cheaper than Clarks Grove. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granada to Clarks Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarks Grove is $867/month compared to $591/month in Granada — a 47% difference. Home values follow the same pattern: Granada is more affordable at $88,500 median vs $132,800.

Median household income in Clarks Grove is $69,792 compared to $49,750 in Granada (+40.3%). While Clarks Grove 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 14.3% in Granada.

Income & Cost

Cost of Living Index
Clarks Grove
71
Granada
59
17% cheaper
Median Household Income
Clarks Grove
$69,792
29% higher
Granada
$49,750

Housing

Median Rent
Clarks Grove
$867
Granada
$591
32% cheaper
Median Home Value
Clarks Grove
$132,800
Granada
$88,500
33% cheaper
Population
Clarks Grove
683
Granada
231

Salary Equivalency Calculator

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