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Grant, MN vs Richmond, MN

128
Grant
Minnesota
VS
+89%
67
Richmond
Minnesota

The cost of living difference between Grant, MN and Richmond, MN is dramatic. Richmond is 89% cheaper than Grant, a gap that translates to thousands of dollars per year in household expenses. Grant has a cost index of 128 while Richmond sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Grant are $622,000 compared to $225,500 in Richmond, a 176% gap.

Median household income in Grant is $145,357 compared to $67,381 in Richmond (+115.7%). While Grant is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Grant is notably warmer with an average of 46.5°F compared to 42.9°F in Richmond. Grant receives more rainfall at 29.2" per year compared to 28.5" in Richmond.

Income & Cost

Cost of Living Index
Grant
128
Richmond
67
47% cheaper
Median Household Income
Grant
$145,357
54% higher
Richmond
$67,381

Housing

Median Rent
Grant
Richmond
$584
Median Home Value
Grant
$622,000
Richmond
$225,500
64% cheaper
Population
Grant
3,959
Richmond
1,336

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grant $3.20
Richmond $2.97
US $3.07
🥚
Eggs (grade A, large)
Grant $2.61
Richmond $2.43
US $2.50
🥛
Milk (whole)
Grant $4.21
Richmond $3.91
US $4.03
🍞
Bread (white)
Grant $1.93
Richmond $1.79
US $1.85
🍗
Chicken breast
Grant $4.33
Richmond $4.02
US $4.14
Electricity
Grant $0.17
Richmond $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Grant 46.5°F
Richmond 42.9°F
Summer High
Grant 83°F
Richmond 82°F
Winter Low
Grant 9°F
Richmond 3°F
Rainfall
Grant 29.2"
Richmond 28.5"
Rainy Days
Grant 102d
Richmond 111d