Gilman, MN vs The Lakes, MN
There is a significant gap in the cost of living between these two cities. Gilman is 26.9% cheaper than The Lakes. With a cost index of 77 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilman to The Lakes should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Gilman are $221,100 compared to $391,900 in The Lakes, a 44% gap.
Median household income in Gilman is $68,750 compared to $88,929 in The Lakes (-22.7%). The higher salaries in The Lakes partially offset the cost difference, but don't fully close the gap.
Climate-wise, both cities share similar average temperatures (42.9°F vs 45.4°F). Gilman receives more rainfall at 28.5" per year compared to 28" in The Lakes.
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Climate
NOAA 30-year normals (1991-2020)