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Clearwater, MN vs Kimball, MN

84
Clearwater
Minnesota
VS
+18.8%
71
Kimball
Minnesota

There is a significant gap in the cost of living between these two cities. Kimball is 18.8% 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 Kimball to Clearwater should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clearwater is $1,074/month compared to $743/month in Kimball — a 45% difference. Home values follow the same pattern: Kimball is more affordable at $208,200 median vs $248,100.

Median household income in Clearwater is $89,219 compared to $69,271 in Kimball (+28.8%). 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 Clearwater spend roughly 14.4% of their income on rent, more than the 12.9% in Kimball.

Income & Cost

Cost of Living Index
Clearwater
84
Kimball
71
16% cheaper
Median Household Income
Clearwater
$89,219
22% higher
Kimball
$69,271

Housing

Median Rent
Clearwater
$1,074
Kimball
$743
31% cheaper
Median Home Value
Clearwater
$248,100
Kimball
$208,200
16% cheaper
Population
Clearwater
1,904
Kimball
644

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clearwater $2.97
Kimball $2.97
US $3.07
🥚
Eggs (grade A, large)
Clearwater $2.43
Kimball $2.43
US $2.50
🥛
Milk (whole)
Clearwater $3.91
Kimball $3.91
US $4.03
🍞
Bread (white)
Clearwater $1.79
Kimball $1.79
US $1.85
🍗
Chicken breast
Clearwater $4.02
Kimball $4.02
US $4.14
Electricity
Clearwater $0.17
Kimball $0.17
US $0.19