Elmore, MN vs Goodhue, MN

Elmore is moderately more affordable than Goodhue, with a 13.4% lower cost of living index. Elmore scores 65 compared to 75 for Goodhue, where the US average is 100. This difference means residents of Goodhue can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elmore is $907/month compared to $775/month in Goodhue — a 17% difference. Interestingly, home values tell a different story: while Goodhue has cheaper rent, Elmore actually has lower median home values ($45,800 vs $230,300).

Median household income in Elmore is $40,938 compared to $86,731 in Goodhue (-52.8%). While Goodhue is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elmore spend roughly 26.6% of their income on rent, more than the 10.7% in Goodhue.