Ghent, MN vs New York Mills, MN

New York Mills is moderately more affordable than Ghent, with a 11.6% lower cost of living index. Ghent scores 75 compared to 67 for New York Mills, 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 Ghent is $941/month compared to $712/month in New York Mills — a 32% difference. Home values follow the same pattern: New York Mills is more affordable at $144,900 median vs $154,700.

Median household income in Ghent is $72,500 compared to $51,696 in New York Mills (+40.2%). 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, less than the 16.5% in New York Mills.

Climate-wise, Ghent is notably warmer with an average of 45.4°F compared to 40.4°F in New York Mills. Ghent receives more rainfall at 28" per year compared to 23.9" in New York Mills.