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Fosston, MN vs Perham, MN

66
Fosston
Minnesota
VS
-10.1%
74
Perham
Minnesota

Fosston is moderately more affordable than Perham, with a 10.1% lower cost of living index. Fosston scores 66 compared to 74 for Perham, where the US average is 100. This difference means residents of Perham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fosston is $846/month compared to $813/month in Perham — a 4% difference. Interestingly, home values tell a different story: while Perham has cheaper rent, Fosston actually has lower median home values ($126,500 vs $186,000).

Median household income in Fosston is $50,694 compared to $47,088 in Perham (+7.7%). Fosston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fosston spend roughly 20% of their income on rent, less than the 20.7% in Perham.

Climate-wise, both cities share similar average temperatures (37.7°F vs 40.4°F). Fosston receives more rainfall at 24.3" per year compared to 23.9" in Perham.

Income & Cost

Cost of Living Index
Fosston
66
10% cheaper
Perham
74
Median Household Income
Fosston
$50,694
7% higher
Perham
$47,088

Housing

Median Rent
Fosston
$846
Perham
$813
4% cheaper
Median Home Value
Fosston
$126,500
32% cheaper
Perham
$186,000
Population
Fosston
1,283
Perham
3,577

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fosston $2.97
Perham
US $3.07
🥚
Eggs (grade A, large)
Fosston $2.43
Perham
US $2.50
🥛
Milk (whole)
Fosston $3.91
Perham
US $4.03
🍞
Bread (white)
Fosston $1.79
Perham
US $1.85
🍗
Chicken breast
Fosston $4.02
Perham
US $4.14
Electricity
Fosston $0.15
Perham
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fosston 37.7°F
Perham 40.4°F
Summer High
Fosston 78°F
Perham 80°F
Winter Low
Fosston -6°F
Perham -3°F
Rainfall
Fosston 24.3"
Perham 23.9"
Rainy Days
Fosston 117d
Perham 103d