Elizabeth, MN vs Roy Lake, MN

Elizabeth is moderately more affordable than Roy Lake, with a 12.6% lower cost of living index. Elizabeth scores 83 compared to 95 for Roy Lake, where the US average is 100. This difference means residents of Roy Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Elizabeth are $114,600 compared to $266,700 in Roy Lake, a 57% gap.

Median household income in Elizabeth is $62,500 compared to $101,250 in Roy Lake (-38.3%). While Roy Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.