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Fifty Lakes, MN vs New York Mills, MN

106
Fifty Lakes
Minnesota
VS
+58.8%
67
New York Mills
Minnesota

The cost of living difference between Fifty Lakes, MN and New York Mills, MN is dramatic. New York Mills is 58.8% cheaper than Fifty Lakes, a gap that translates to thousands of dollars per year in household expenses. Fifty Lakes has a cost index of 106 while New York Mills sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Fifty Lakes are $401,000 compared to $144,900 in New York Mills, a 177% gap.

Median household income in Fifty Lakes is $79,773 compared to $51,696 in New York Mills (+54.3%). The higher salaries in Fifty Lakes partially offset the cost difference, but don't fully close the gap.

Climate-wise, both cities share similar average temperatures (42.2°F vs 40.4°F). Fifty Lakes receives more rainfall at 24.5" per year compared to 23.9" in New York Mills.

Income & Cost

Cost of Living Index
Fifty Lakes
106
New York Mills
67
37% cheaper
Median Household Income
Fifty Lakes
$79,773
35% higher
New York Mills
$51,696

Housing

Median Rent
Fifty Lakes
New York Mills
$712
Median Home Value
Fifty Lakes
$401,000
New York Mills
$144,900
64% cheaper
Population
Fifty Lakes
463
New York Mills
1,319

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fifty Lakes 42.2°F
New York Mills 40.4°F
Summer High
Fifty Lakes 82°F
New York Mills 80°F
Winter Low
Fifty Lakes -0°F
New York Mills -3°F
Rainfall
Fifty Lakes 24.5"
New York Mills 23.9"
Rainy Days
Fifty Lakes 100d
New York Mills 103d