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Deer River, MN vs Murdock, MN

62
Deer River
Minnesota
VS
-7.6%
68
Murdock
Minnesota

Deer River is moderately more affordable than Murdock, with a 7.6% lower cost of living index. Deer River scores 62 compared to 68 for Murdock, where the US average is 100. This difference means residents of Murdock can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Deer River is $680/month compared to $863/month in Murdock — a 21% difference. Interestingly, home values tell a different story: while Deer River has cheaper rent, Murdock actually has lower median home values ($95,000 vs $100,000).

Median household income in Deer River is $38,029 compared to $70,500 in Murdock (-46.1%). While Murdock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deer River spend roughly 21.5% of their income on rent, more than the 14.7% in Murdock.

Income & Cost

Cost of Living Index
Deer River
62
8% cheaper
Murdock
68
Median Household Income
Deer River
$38,029
Murdock
$70,500
46% higher

Housing

Median Rent
Deer River
$680
21% cheaper
Murdock
$863
Median Home Value
Deer River
$100,000
Murdock
$95,000
5% cheaper
Population
Deer River
887
Murdock
306

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