Elba, MN vs Wilmont, MN

There is a significant gap in the cost of living between these two cities. Wilmont is 20.3% cheaper than Elba. With a cost index of 72 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wilmont to Elba should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elba are $166,700 compared to $152,500 in Wilmont, a 9% gap.

Median household income in Elba is $69,583 compared to $55,000 in Wilmont (+26.5%). While Elba is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.