Granada, MN vs St. Stephen, MN
There is a significant gap in the cost of living between these two cities. Granada is 28.1% cheaper than St. Stephen. With a cost index of 59 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granada to St. Stephen should plan for substantially higher expenses across most categories.
On the housing front, median rent in Granada is $591/month compared to $1,025/month in St. Stephen — a 42% difference. Home values follow the same pattern: Granada is more affordable at $88,500 median vs $237,600.
Median household income in Granada is $49,750 compared to $94,875 in St. Stephen (-47.6%). While St. Stephen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Granada spend roughly 14.3% of their income on rent, more than the 13% in St. Stephen.
Climate-wise, both cities share similar average temperatures (44.6°F vs 42.9°F). Granada receives more rainfall at 29.3" per year compared to 28.5" in St. Stephen.
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