Dexter, MN vs Nicollet, MN

Dexter, MN and Nicollet, MN have a very similar cost of living, with only a 0.7% difference in their overall index. Dexter scores 74 while Nicollet scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dexter is $859/month compared to $862/month in Nicollet — a 0% difference. Home values follow the same pattern: Dexter is more affordable at $173,300 median vs $214,100.

Median household income in Dexter is $87,083 compared to $80,500 in Nicollet (+8.2%). Dexter offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dexter spend roughly 11.8% of their income on rent, less than the 12.8% in Nicollet.