Granite Falls, MN vs Stewartville, MN
There is a significant gap in the cost of living between these two cities. Granite Falls is 16.1% cheaper than Stewartville. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granite Falls to Stewartville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Granite Falls is $818/month compared to $975/month in Stewartville — a 16% difference. Home values follow the same pattern: Granite Falls is more affordable at $139,700 median vs $258,000.
Median household income in Granite Falls is $59,402 compared to $65,714 in Stewartville (-9.6%). The higher salaries in Stewartville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Granite Falls spend roughly 16.5% of their income on rent, less than the 17.8% in Stewartville.
Climate-wise, both cities share similar average temperatures (45.4°F vs 44.8°F). Stewartville receives more rainfall at 34.7" per year compared to 28" in Granite Falls.
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