Fairmont, MN vs Long Prairie, MN

Fairmont is moderately more affordable than Long Prairie, with a 5% lower cost of living index. Fairmont scores 69 compared to 73 for Long Prairie, where the US average is 100. This difference means residents of Long Prairie can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairmont is $717/month compared to $942/month in Long Prairie — a 24% difference. Interestingly, home values tell a different story: while Fairmont has cheaper rent, Long Prairie actually has lower median home values ($130,100 vs $168,800).

Median household income in Fairmont is $59,228 compared to $57,139 in Long Prairie (+3.7%). Fairmont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairmont spend roughly 14.5% of their income on rent, less than the 19.8% in Long Prairie.