Ivanhoe, MN vs Kenyon, MN

There is a significant gap in the cost of living between these two cities. Ivanhoe is 24.3% cheaper than Kenyon. With a cost index of 56 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ivanhoe to Kenyon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ivanhoe is $550/month compared to $854/month in Kenyon — a 36% difference. Home values follow the same pattern: Ivanhoe is more affordable at $65,500 median vs $184,500.

Median household income in Ivanhoe is $54,583 compared to $74,643 in Kenyon (-26.9%). While Kenyon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ivanhoe spend roughly 12.1% of their income on rent, less than the 13.7% in Kenyon.

Climate-wise, both cities share similar average temperatures (45.1°F vs 44.8°F). Kenyon receives more rainfall at 34.7" per year compared to 29.6" in Ivanhoe.