Elizabeth, MN vs Elmore, MN

There is a significant gap in the cost of living between these two cities. Elmore is 28.6% cheaper than Elizabeth. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmore to Elizabeth should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elizabeth is $1,333/month compared to $907/month in Elmore — a 47% difference. Home values follow the same pattern: Elmore is more affordable at $45,800 median vs $114,600.

Median household income in Elizabeth is $62,500 compared to $40,938 in Elmore (+52.7%). While Elizabeth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabeth spend roughly 25.6% of their income on rent, less than the 26.6% in Elmore.