Howard Lake, MN vs Montevideo, MN
There is a significant gap in the cost of living between these two cities. Montevideo is 20.2% cheaper than Howard Lake. With a cost index of 70 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montevideo to Howard Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Howard Lake is $930/month compared to $832/month in Montevideo — a 12% difference. Home values follow the same pattern: Montevideo is more affordable at $137,600 median vs $239,100.
Median household income in Howard Lake is $99,464 compared to $65,724 in Montevideo (+51.3%). While Howard Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Howard Lake spend roughly 11.2% of their income on rent, less than the 15.2% in Montevideo.
Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Howard Lake receives more rainfall at 30.6" per year compared to 28" in Montevideo.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)