Fergus Falls, MN vs Princeton, MN

Fergus Falls is moderately more affordable than Princeton, with a 11.5% lower cost of living index. Fergus Falls scores 73 compared to 83 for Princeton, where the US average is 100. This difference means residents of Princeton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fergus Falls is $839/month compared to $953/month in Princeton — a 12% difference. Home values follow the same pattern: Fergus Falls is more affordable at $173,300 median vs $212,200.

Median household income in Fergus Falls is $50,865 compared to $52,450 in Princeton (-3%). Princeton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fergus Falls spend roughly 19.8% of their income on rent, less than the 21.8% in Princeton.

Climate-wise, both cities share similar average temperatures (42.5°F vs 42.9°F). Princeton receives more rainfall at 28.5" per year compared to 24.1" in Fergus Falls.