Ellsworth, MN vs Richmond, MN

Ellsworth is moderately more affordable than Richmond, with a 14.5% lower cost of living index. Ellsworth scores 58 compared to 67 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ellsworth is $631/month compared to $584/month in Richmond — a 8% difference. Interestingly, home values tell a different story: while Richmond has cheaper rent, Ellsworth actually has lower median home values ($85,700 vs $225,500).

Median household income in Ellsworth is $58,438 compared to $67,381 in Richmond (-13.3%). The higher salaries in Richmond partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ellsworth spend roughly 13% of their income on rent, more than the 10.4% in Richmond.