Gaylord, MN vs Greenwood, MN

The cost of living difference between Gaylord, MN and Greenwood, MN is dramatic. Gaylord is 63.1% cheaper than Greenwood, a gap that translates to thousands of dollars per year in household expenses. Gaylord has a cost index of 66 while Greenwood sits at 180, 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 Gaylord is $739/month compared to $1,917/month in Greenwood — a 62% difference. Home values follow the same pattern: Gaylord is more affordable at $163,300 median vs $1,041,700.

Median household income in Gaylord is $60,500 compared to $199,063 in Greenwood (-69.6%). While Greenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gaylord spend roughly 14.7% of their income on rent, more than the 11.6% in Greenwood.

Climate-wise, both cities share similar average temperatures (46.7°F vs 46.7°F). Greenwood receives more rainfall at 30.6" per year compared to 30.6" in Gaylord.