Elmdale, MN vs Fort Ripley, MN
Elmdale, MN and Fort Ripley, MN have a very similar cost of living, with only a 1.9% difference in their overall index. Elmdale scores 93 while Fort Ripley scores 92 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
When it comes to buying, median home values in Elmdale are $268,800 compared to $218,800 in Fort Ripley, a 23% gap.
Median household income in Elmdale is $141,250 compared to $53,542 in Fort Ripley (+163.8%). While Elmdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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