Elbow Lake, MN vs Ogema, MN

There is a significant gap in the cost of living between these two cities. Elbow Lake is 23.2% cheaper than Ogema. With a cost index of 62 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elbow Lake to Ogema should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elbow Lake are $120,800 compared to $82,500 in Ogema, a 46% gap.

Median household income in Elbow Lake is $30,000 compared to $51,875 in Ogema (-42.2%). While Ogema is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.