Elbow Lake, MN vs Moose Lake, MN

Elbow Lake is moderately more affordable than Moose Lake, with a 11.6% lower cost of living index. Elbow Lake scores 66 compared to 75 for Moose Lake, where the US average is 100. This difference means residents of Moose Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elbow Lake is $746/month compared to $901/month in Moose Lake — a 17% difference. Home values follow the same pattern: Elbow Lake is more affordable at $118,900 median vs $205,000.

Median household income in Elbow Lake is $56,786 compared to $61,576 in Moose Lake (-7.8%). The higher salaries in Moose Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elbow Lake spend roughly 15.8% of their income on rent, less than the 17.6% in Moose Lake.