East Grand Forks, MN vs Moose Lake, MN

East Grand Forks, MN and Moose Lake, MN have a very similar cost of living, with only a 2.5% difference in their overall index. East Grand Forks scores 77 while Moose Lake scores 75 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 East Grand Forks is $872/month compared to $901/month in Moose Lake — a 3% difference. Interestingly, home values tell a different story: while East Grand Forks has cheaper rent, Moose Lake actually has lower median home values ($205,000 vs $243,800).

Median household income in East Grand Forks is $74,618 compared to $61,576 in Moose Lake (+21.2%). While East Grand Forks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Grand Forks spend roughly 14% of their income on rent, less than the 17.6% in Moose Lake.