Deerwood, MN vs Maple Plain, MN
There is a significant gap in the cost of living between these two cities. Deerwood is 19.4% cheaper than Maple Plain. With a cost index of 79 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deerwood to Maple Plain should plan for substantially higher expenses across most categories.
On the housing front, median rent in Deerwood is $920/month compared to $1,097/month in Maple Plain — a 16% difference. Home values follow the same pattern: Deerwood is more affordable at $214,700 median vs $346,600.
Median household income in Deerwood is $62,679 compared to $93,000 in Maple Plain (-32.6%). While Maple Plain is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deerwood spend roughly 17.6% of their income on rent, more than the 14.2% in Maple Plain.
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