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Dawson, MN vs Pennock, MN

62
Dawson
Minnesota
VS
-20.8%
78
Pennock
Minnesota

There is a significant gap in the cost of living between these two cities. Dawson is 20.8% cheaper than Pennock. With a cost index of 62 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dawson to Pennock should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dawson is $618/month compared to $1,098/month in Pennock — a 44% difference. Home values follow the same pattern: Dawson is more affordable at $118,800 median vs $140,500.

Median household income in Dawson is $70,286 compared to $68,846 in Pennock (+2.1%). Dawson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dawson spend roughly 10.6% of their income on rent, less than the 19.1% in Pennock.

Income & Cost

Cost of Living Index
Dawson
62
21% cheaper
Pennock
78
Median Household Income
Dawson
$70,286
2% higher
Pennock
$68,846

Housing

Median Rent
Dawson
$618
44% cheaper
Pennock
$1,098
Median Home Value
Dawson
$118,800
15% cheaper
Pennock
$140,500
Population
Dawson
1,441
Pennock
510

Salary Equivalency Calculator

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