Coleraine, MN vs Morris, MN

Coleraine, MN and Morris, MN have a very similar cost of living, with only a 2.8% difference in their overall index. Coleraine scores 76 while Morris scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Coleraine is $923/month compared to $841/month in Morris — a 10% difference. Interestingly, home values tell a different story: while Morris has cheaper rent, Coleraine actually has lower median home values ($179,900 vs $185,200).

Median household income in Coleraine is $67,083 compared to $63,807 in Morris (+5.1%). 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, more than the 15.8% in Morris.