Deer Creek, MN vs Raymond, MN

There is a significant gap in the cost of living between these two cities. Deer Creek is 25.7% cheaper than Raymond. With a cost index of 55 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deer Creek to Raymond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Deer Creek is $388/month compared to $959/month in Raymond — a 60% difference. Home values follow the same pattern: Deer Creek is more affordable at $123,100 median vs $146,000.

Median household income in Deer Creek is $55,000 compared to $62,308 in Raymond (-11.7%). Raymond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Deer Creek spend roughly 8.5% of their income on rent, less than the 18.5% in Raymond.