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Goodridge, MN vs Watson, MN

78
Goodridge
Minnesota
VS
+28.6%
60
Watson
Minnesota

There is a significant gap in the cost of living between these two cities. Watson is 28.6% cheaper than Goodridge. With a cost index of 60 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Watson 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 $66,500 in Watson, a 24% gap.

Median household income in Goodridge is $39,821 compared to $38,958 in Watson (+2.2%). Goodridge does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, Watson is notably warmer with an average of 45.4°F compared to 37.7°F in Goodridge. Watson receives more rainfall at 28" per year compared to 24.3" in Goodridge.

Income & Cost

Cost of Living Index
Goodridge
78
Watson
60
22% cheaper
Median Household Income
Goodridge
$39,821
2% higher
Watson
$38,958

Housing

Median Rent
Goodridge
Watson
$706
Median Home Value
Goodridge
$50,800
24% cheaper
Watson
$66,500
Population
Goodridge
64
Watson
189

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Goodridge 37.7°F
Watson 45.4°F
Summer High
Goodridge 78°F
Watson 84°F
Winter Low
Goodridge -6°F
Watson 6°F
Rainfall
Goodridge 24.3"
Watson 28"
Rainy Days
Goodridge 117d
Watson 96d