Edgerton, MN vs Melrose, MN
There is a significant gap in the cost of living between these two cities. Edgerton is 20.9% cheaper than Melrose. With a cost index of 63 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgerton to Melrose should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgerton is $681/month compared to $1,061/month in Melrose — a 36% difference. Home values follow the same pattern: Edgerton is more affordable at $132,800 median vs $198,300.
Median household income in Edgerton is $66,739 compared to $58,107 in Melrose (+14.9%). Edgerton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgerton spend roughly 12.2% of their income on rent, less than the 21.9% in Melrose.
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