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Cokato, MN vs Nicollet, MN

82
Cokato
Minnesota
VS
+10.7%
74
Nicollet
Minnesota

Nicollet is moderately more affordable than Cokato, with a 10.7% lower cost of living index. Cokato scores 82 compared to 74 for Nicollet, where the US average is 100. This difference means residents of Cokato can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cokato is $926/month compared to $862/month in Nicollet — a 7% difference. Home values follow the same pattern: Nicollet is more affordable at $214,100 median vs $216,100.

Median household income in Cokato is $71,090 compared to $80,500 in Nicollet (-11.7%). Nicollet offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cokato spend roughly 15.6% of their income on rent, more than the 12.8% in Nicollet.

Income & Cost

Cost of Living Index
Cokato
82
Nicollet
74
10% cheaper
Median Household Income
Cokato
$71,090
Nicollet
$80,500
12% higher

Housing

Median Rent
Cokato
$926
Nicollet
$862
7% cheaper
Median Home Value
Cokato
$216,100
Nicollet
$214,100
1% cheaper
Population
Cokato
2,780
Nicollet
966

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cokato $3.20
Nicollet $2.97
US $3.07
🥚
Eggs (grade A, large)
Cokato $2.61
Nicollet $2.43
US $2.50
🥛
Milk (whole)
Cokato $4.21
Nicollet $3.91
US $4.03
🍞
Bread (white)
Cokato $1.93
Nicollet $1.79
US $1.85
🍗
Chicken breast
Cokato $4.33
Nicollet $4.02
US $4.14
Electricity
Cokato $0.17
Nicollet $0.17
US $0.19