Elizabeth, MN vs Nevis, MN

There is a significant gap in the cost of living between these two cities. Nevis is 22.8% cheaper than Elizabeth. With a cost index of 68 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nevis 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 $679/month in Nevis — a 96% difference. Interestingly, home values tell a different story: while Nevis has cheaper rent, Elizabeth actually has lower median home values ($114,600 vs $167,600).

Median household income in Elizabeth is $62,500 compared to $53,889 in Nevis (+16%). The higher salaries in Elizabeth partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elizabeth spend roughly 25.6% of their income on rent, more than the 15.1% in Nevis.