Cohasset, MN vs Crookston, MN
There is a significant gap in the cost of living between these two cities. Crookston is 27.8% cheaper than Cohasset. With a cost index of 68 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Crookston to Cohasset should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cohasset is $917/month compared to $827/month in Crookston — a 11% difference. Home values follow the same pattern: Crookston is more affordable at $160,700 median vs $315,700.
Median household income in Cohasset is $87,833 compared to $54,003 in Crookston (+62.6%). While Cohasset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cohasset spend roughly 12.5% of their income on rent, less than the 18.4% in Crookston.
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