Dodge Center, MN vs New Richland, MN
There is a significant gap in the cost of living between these two cities. New Richland is 24.4% cheaper than Dodge Center. With a cost index of 61 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Richland to Dodge Center should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dodge Center is $955/month compared to $544/month in New Richland — a 76% difference. Home values follow the same pattern: New Richland is more affordable at $133,000 median vs $175,900.
Median household income in Dodge Center is $77,552 compared to $62,841 in New Richland (+23.4%). The higher salaries in Dodge Center partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Dodge Center spend roughly 14.8% of their income on rent, more than the 10.4% in New Richland.
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