Federal Dam, MN vs Soudan, MN

Federal Dam, MN and Soudan, MN have a very similar cost of living, with only a 0.9% difference in their overall index. Federal Dam scores 79 while Soudan scores 79 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 Federal Dam are $141,700 compared to $99,400 in Soudan, a 43% gap.

Median household income in Federal Dam is $48,750 compared to $55,526 in Soudan (-12.2%). Soudan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.