Coleraine, MN vs Elysian, MN
There is a significant gap in the cost of living between these two cities. Coleraine is 19.1% cheaper than Elysian. With a cost index of 76 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Coleraine to Elysian should plan for substantially higher expenses across most categories.
On the housing front, median rent in Coleraine is $923/month compared to $1,110/month in Elysian — a 17% difference. Home values follow the same pattern: Coleraine is more affordable at $179,900 median vs $295,700.
Median household income in Coleraine is $67,083 compared to $98,571 in Elysian (-31.9%). While Elysian is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Coleraine spend roughly 16.5% of their income on rent, more than the 13.5% in Elysian.
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