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Clear Lake, MN vs Nerstrand, MN

84
Clear Lake
Minnesota
VS
-6.5%
90
Nerstrand
Minnesota

Clear Lake is moderately more affordable than Nerstrand, with a 6.5% lower cost of living index. Clear Lake scores 84 compared to 90 for Nerstrand, where the US average is 100. This difference means residents of Nerstrand can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Clear Lake are $255,800 compared to $194,000 in Nerstrand, a 32% gap.

Median household income in Clear Lake is $105,000 compared to $83,125 in Nerstrand (+26.3%). Clear Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Clear Lake
84
7% cheaper
Nerstrand
90
Median Household Income
Clear Lake
$105,000
21% higher
Nerstrand
$83,125

Housing

Median Rent
Clear Lake
$864
Nerstrand
Median Home Value
Clear Lake
$255,800
Nerstrand
$194,000
24% cheaper
Population
Clear Lake
621
Nerstrand
210

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clear Lake $3.20
Nerstrand
US $3.07
🥚
Eggs (grade A, large)
Clear Lake $2.61
Nerstrand
US $2.50
🥛
Milk (whole)
Clear Lake $4.21
Nerstrand
US $4.03
🍞
Bread (white)
Clear Lake $1.93
Nerstrand
US $1.85
🍗
Chicken breast
Clear Lake $4.33
Nerstrand
US $4.14
Electricity
Clear Lake $0.17
Nerstrand
US $0.19