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Greenfield, MN vs Parkers Prairie, MN

112
Greenfield
Minnesota
VS
+64.2%
68
Parkers Prairie
Minnesota

The cost of living difference between Greenfield, MN and Parkers Prairie, MN is dramatic. Parkers Prairie is 64.2% cheaper than Greenfield, a gap that translates to thousands of dollars per year in household expenses. Greenfield has a cost index of 112 while Parkers Prairie sits at 68, 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.

On the housing front, median rent in Greenfield is $1,083/month compared to $736/month in Parkers Prairie — a 47% difference. Home values follow the same pattern: Parkers Prairie is more affordable at $152,500 median vs $524,300.

Median household income in Greenfield is $147,184 compared to $58,750 in Parkers Prairie (+150.5%). While Greenfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenfield spend roughly 8.8% of their income on rent, less than the 15% in Parkers Prairie.

Climate-wise, Greenfield is notably warmer with an average of 45.8°F compared to 42.5°F in Parkers Prairie. Greenfield receives more rainfall at 30.7" per year compared to 24.1" in Parkers Prairie.

Income & Cost

Cost of Living Index
Greenfield
112
Parkers Prairie
68
39% cheaper
Median Household Income
Greenfield
$147,184
60% higher
Parkers Prairie
$58,750

Housing

Median Rent
Greenfield
$1,083
Parkers Prairie
$736
32% cheaper
Median Home Value
Greenfield
$524,300
Parkers Prairie
$152,500
71% cheaper
Population
Greenfield
2,897
Parkers Prairie
1,089

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenfield $3.20
Parkers Prairie
US $3.07
🥚
Eggs (grade A, large)
Greenfield $2.61
Parkers Prairie
US $2.50
🥛
Milk (whole)
Greenfield $4.21
Parkers Prairie
US $4.03
🍞
Bread (white)
Greenfield $1.93
Parkers Prairie
US $1.85
🍗
Chicken breast
Greenfield $4.33
Parkers Prairie
US $4.14
Electricity
Greenfield $0.17
Parkers Prairie
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Greenfield 45.8°F
Parkers Prairie 42.5°F
Summer High
Greenfield 83°F
Parkers Prairie 80°F
Winter Low
Greenfield 7°F
Parkers Prairie 2°F
Rainfall
Greenfield 30.7"
Parkers Prairie 24.1"
Rainy Days
Greenfield 0d
Parkers Prairie 92d