Dexter, MN vs Nashwauk, MN

There is a significant gap in the cost of living between these two cities. Nashwauk is 23% cheaper than Dexter. With a cost index of 60 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nashwauk to Dexter should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dexter is $859/month compared to $697/month in Nashwauk — a 23% difference. Home values follow the same pattern: Nashwauk is more affordable at $102,400 median vs $173,300.

Median household income in Dexter is $87,083 compared to $58,533 in Nashwauk (+48.8%). While Dexter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dexter spend roughly 11.8% of their income on rent, less than the 14.3% in Nashwauk.