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Clear Lake, MN vs Nisswa, MN

84
Clear Lake
Minnesota
VS
-14.2%
97
Nisswa
Minnesota

Clear Lake is moderately more affordable than Nisswa, with a 14.2% lower cost of living index. Clear Lake scores 84 compared to 97 for Nisswa, where the US average is 100. This difference means residents of Nisswa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clear Lake is $864/month compared to $820/month in Nisswa — a 5% difference. Interestingly, home values tell a different story: while Nisswa has cheaper rent, Clear Lake actually has lower median home values ($255,800 vs $475,700).

Median household income in Clear Lake is $105,000 compared to $100,167 in Nisswa (+4.8%). Clear Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clear Lake spend roughly 9.9% of their income on rent, more than the 9.8% in Nisswa.

Income & Cost

Cost of Living Index
Clear Lake
84
14% cheaper
Nisswa
97
Median Household Income
Clear Lake
$105,000
5% higher
Nisswa
$100,167

Housing

Median Rent
Clear Lake
$864
Nisswa
$820
5% cheaper
Median Home Value
Clear Lake
$255,800
46% cheaper
Nisswa
$475,700
Population
Clear Lake
621
Nisswa
1,744

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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