Clearwater, MN vs Randall, MN
There is a significant gap in the cost of living between these two cities. Randall is 26.3% cheaper than Clearwater. With a cost index of 67 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Randall 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 $631/month in Randall — a 70% difference. Home values follow the same pattern: Randall is more affordable at $169,400 median vs $248,100.
Median household income in Clearwater is $89,219 compared to $53,333 in Randall (+67.3%). 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 14.2% in Randall.
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