Iona, MN vs Rollingstone, MN
There is a significant gap in the cost of living between these two cities. Iona is 17.3% cheaper than Rollingstone. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Iona to Rollingstone should plan for substantially higher expenses across most categories.
On the housing front, median rent in Iona is $750/month compared to $729/month in Rollingstone — a 3% difference. Interestingly, home values tell a different story: while Rollingstone has cheaper rent, Iona actually has lower median home values ($54,300 vs $217,400).
Median household income in Iona is $44,167 compared to $86,500 in Rollingstone (-48.9%). While Rollingstone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iona spend roughly 20.4% of their income on rent, more than the 10.1% in Rollingstone.
Climate-wise, Rollingstone is notably warmer with an average of 48.8°F compared to 45.1°F in Iona. Rollingstone receives more rainfall at 35.2" per year compared to 29.6" in Iona.
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Housing
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Climate
NOAA 30-year normals (1991-2020)