Crosby, MN vs Raymond, MN
Crosby, MN and Raymond, MN have a very similar cost of living, with only a 1.7% difference in their overall index. Crosby scores 73 while Raymond scores 75 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 Crosby is $838/month compared to $959/month in Raymond — a 13% difference. Interestingly, home values tell a different story: while Crosby has cheaper rent, Raymond actually has lower median home values ($146,000 vs $175,600).
Median household income in Crosby is $43,250 compared to $62,308 in Raymond (-30.6%). While Raymond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Crosby spend roughly 23.3% of their income on rent, more than the 18.5% in Raymond.
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