Cosmos, MN vs Minneota, MN
Cosmos, MN and Minneota, MN have a very similar cost of living, with only a 4.6% difference in their overall index. Cosmos scores 63 while Minneota scores 66 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 Cosmos is $699/month compared to $629/month in Minneota — a 11% difference. Interestingly, home values tell a different story: while Minneota has cheaper rent, Cosmos actually has lower median home values ($95,000 vs $158,100).
Median household income in Cosmos is $50,833 compared to $72,396 in Minneota (-29.8%). While Minneota is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cosmos spend roughly 16.5% of their income on rent, more than the 10.4% in Minneota.
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