Floodwood, MN vs Tonka Bay, MN

The cost of living difference between Floodwood, MN and Tonka Bay, MN is dramatic. Floodwood is 66.8% cheaper than Tonka Bay, a gap that translates to thousands of dollars per year in household expenses. Floodwood has a cost index of 59 while Tonka Bay sits at 178, 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.

On the housing front, median rent in Floodwood is $667/month compared to $2,299/month in Tonka Bay — a 71% difference. Home values follow the same pattern: Floodwood is more affordable at $100,000 median vs $869,900.

Median household income in Floodwood is $40,972 compared to $151,563 in Tonka Bay (-73%). While Tonka Bay is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Floodwood spend roughly 19.5% of their income on rent, more than the 18.2% in Tonka Bay.

Climate-wise, Tonka Bay is notably warmer with an average of 46.7°F compared to 36.9°F in Floodwood. Tonka Bay receives more rainfall at 30.6" per year compared to 24.8" in Floodwood.