Gilbert, MN vs Redwood Falls, MN

There is a significant gap in the cost of living between these two cities. Gilbert is 19.1% cheaper than Redwood Falls. With a cost index of 58 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilbert to Redwood Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilbert is $598/month compared to $824/month in Redwood Falls — a 27% difference. Home values follow the same pattern: Gilbert is more affordable at $116,200 median vs $162,000.

Median household income in Gilbert is $62,625 compared to $61,947 in Redwood Falls (+1.1%). Gilbert offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gilbert spend roughly 11.5% of their income on rent, less than the 16% in Redwood Falls.

Climate-wise, Redwood Falls is notably warmer with an average of 45.4°F compared to 36.9°F in Gilbert. Redwood Falls receives more rainfall at 28" per year compared to 24.8" in Gilbert.