Coleraine, MN vs Evansville, MN

There is a significant gap in the cost of living between these two cities. Evansville is 18.1% cheaper than Coleraine. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Coleraine should plan for substantially higher expenses across most categories.

On the housing front, median rent in Coleraine is $923/month compared to $632/month in Evansville — a 46% difference. Home values follow the same pattern: Evansville is more affordable at $145,000 median vs $179,900.

Median household income in Coleraine is $67,083 compared to $39,063 in Evansville (+71.7%). While Coleraine 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, less than the 19.4% in Evansville.