Goodridge, MN vs Magnolia, MN

There is a significant gap in the cost of living between these two cities. Magnolia is 27.9% cheaper than Goodridge. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Magnolia to Goodridge should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Goodridge are $50,800 compared to $78,000 in Magnolia, a 35% gap.

Median household income in Goodridge is $39,821 compared to $47,159 in Magnolia (-15.6%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Magnolia is notably warmer with an average of 45.1°F compared to 37.7°F in Goodridge. Magnolia receives more rainfall at 29.6" per year compared to 24.3" in Goodridge.