Ghent, MN vs Wheaton, MN
There is a significant gap in the cost of living between these two cities. Wheaton is 29% cheaper than Ghent. With a cost index of 58 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wheaton to Ghent should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ghent is $941/month compared to $582/month in Wheaton — a 62% difference. Home values follow the same pattern: Wheaton is more affordable at $82,200 median vs $154,700.
Median household income in Ghent is $72,500 compared to $52,260 in Wheaton (+38.7%). 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 13.4% in Wheaton.
Climate-wise, both cities share similar average temperatures (45.4°F vs 44°F). Ghent receives more rainfall at 28" per year compared to 22.9" in Wheaton.
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NOAA 30-year normals (1991-2020)