Fulda, MN vs Ghent, MN
Fulda is moderately more affordable than Ghent, with a 6.7% lower cost of living index. Fulda scores 70 compared to 75 for Ghent, where the US average is 100. This difference means residents of Ghent can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fulda is $775/month compared to $941/month in Ghent — a 18% difference. Interestingly, home values tell a different story: while Fulda has cheaper rent, Ghent actually has lower median home values ($154,700 vs $155,100).
Median household income in Fulda is $68,056 compared to $72,500 in Ghent (-6.1%). The higher salaries in Ghent partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fulda spend roughly 13.7% of their income on rent, less than the 15.6% in Ghent.
Climate-wise, both cities share similar average temperatures (45.1°F vs 45.4°F). Fulda receives more rainfall at 29.6" per year compared to 28" in Ghent.
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NOAA 30-year normals (1991-2020)