Ghent, MN vs Minnesota City, MN
Ghent, MN and Minnesota City, MN have a very similar cost of living, with only a 4.7% difference in their overall index. Ghent scores 75 while Minnesota City scores 71 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 Ghent is $941/month compared to $795/month in Minnesota City — a 18% difference. Interestingly, home values tell a different story: while Minnesota City has cheaper rent, Ghent actually has lower median home values ($154,700 vs $167,800).
Median household income in Ghent is $72,500 compared to $62,250 in Minnesota City (+16.5%). While Ghent is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ghent spend roughly 15.6% of their income on rent, more than the 15.3% in Minnesota City.
Climate-wise, Minnesota City is notably warmer with an average of 48.8°F compared to 45.4°F in Ghent. Minnesota City receives more rainfall at 35.2" per year compared to 28" in Ghent.
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Climate
NOAA 30-year normals (1991-2020)