Floodwood, MN vs Wheaton, MN

Floodwood, MN and Wheaton, MN have a very similar cost of living, with only a 1.6% difference in their overall index. Floodwood scores 59 while Wheaton scores 58 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.

On the housing front, median rent in Floodwood is $667/month compared to $582/month in Wheaton — a 15% difference. Home values follow the same pattern: Wheaton is more affordable at $82,200 median vs $100,000.

Median household income in Floodwood is $40,972 compared to $52,260 in Wheaton (-21.6%). Wheaton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Floodwood spend roughly 19.5% of their income on rent, more than the 13.4% in Wheaton.

Climate-wise, Wheaton is notably warmer with an average of 44°F compared to 36.9°F in Floodwood. Floodwood receives more rainfall at 24.8" per year compared to 22.9" in Wheaton.