Elmore, MN vs Riverton, MN

Elmore, MN and Riverton, MN have a very similar cost of living, with only a 0.5% difference in their overall index. Elmore scores 65 while Riverton scores 65 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.

On the housing front, median rent in Elmore is $907/month compared to $682/month in Riverton — a 33% difference. Interestingly, home values tell a different story: while Riverton has cheaper rent, Elmore actually has lower median home values ($45,800 vs $125,000).

Median household income in Elmore is $40,938 compared to $70,000 in Riverton (-41.5%). Riverton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elmore spend roughly 26.6% of their income on rent, more than the 11.7% in Riverton.