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Cokato, MN vs Wyoming, MN

82
Cokato
Minnesota
VS
-15.4%
97
Wyoming
Minnesota

There is a significant gap in the cost of living between these two cities. Cokato is 15.4% cheaper than Wyoming. With a cost index of 82 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cokato to Wyoming should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cokato is $926/month compared to $1,117/month in Wyoming — a 17% difference. Home values follow the same pattern: Cokato is more affordable at $216,100 median vs $328,900.

Median household income in Cokato is $71,090 compared to $101,938 in Wyoming (-30.3%). While Wyoming is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cokato spend roughly 15.6% of their income on rent, more than the 13.1% in Wyoming.

Income & Cost

Cost of Living Index
Cokato
82
15% cheaper
Wyoming
97
Median Household Income
Cokato
$71,090
Wyoming
$101,938
30% higher

Housing

Median Rent
Cokato
$926
17% cheaper
Wyoming
$1,117
Median Home Value
Cokato
$216,100
34% cheaper
Wyoming
$328,900
Population
Cokato
2,780
Wyoming
8,063

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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