Cromwell, MN vs Royalton, MN

Cromwell, MN and Royalton, MN have a very similar cost of living, with only a 0.9% difference in their overall index. Cromwell scores 68 while Royalton scores 67 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 Cromwell is $825/month compared to $642/month in Royalton — a 29% difference. Interestingly, home values tell a different story: while Royalton has cheaper rent, Cromwell actually has lower median home values ($150,000 vs $201,500).

Median household income in Cromwell is $55,625 compared to $64,643 in Royalton (-14%). Royalton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cromwell spend roughly 17.8% of their income on rent, more than the 11.9% in Royalton.