Graceville, MN vs Osakis, MN
There is a significant gap in the cost of living between these two cities. Graceville is 27.7% cheaper than Osakis. With a cost index of 63 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Graceville to Osakis should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Graceville are $101,700 compared to $169,200 in Osakis, a 40% gap.
Median household income in Graceville is $51,667 compared to $53,684 in Osakis (-3.8%). Osakis does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Climate-wise, both cities share similar average temperatures (44°F vs 42.5°F). Osakis receives more rainfall at 24.1" per year compared to 22.9" in Graceville.
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Climate
NOAA 30-year normals (1991-2020)