Howard Lake, MN vs Redwood Falls, MN

There is a significant gap in the cost of living between these two cities. Redwood Falls is 17.3% cheaper than Howard Lake. With a cost index of 72 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redwood Falls 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 $824/month in Redwood Falls — a 13% difference. Home values follow the same pattern: Redwood Falls is more affordable at $162,000 median vs $239,100.

Median household income in Howard Lake is $99,464 compared to $61,947 in Redwood Falls (+60.6%). 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 16% in Redwood Falls.

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 Redwood Falls.