Elbow Lake, MN vs Ogilvie, MN

Elbow Lake is moderately more affordable than Ogilvie, with a 7.3% lower cost of living index. Elbow Lake scores 66 compared to 71 for Ogilvie, where the US average is 100. This difference means residents of Ogilvie 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 $855/month in Ogilvie — a 13% difference. Interestingly, home values tell a different story: while Elbow Lake has cheaper rent, Ogilvie actually has lower median home values ($106,300 vs $118,900).

Median household income in Elbow Lake is $56,786 compared to $47,188 in Ogilvie (+20.3%). Elbow Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elbow Lake spend roughly 15.8% of their income on rent, less than the 21.7% in Ogilvie.