Ivanhoe, MN vs Milroy, MN

Ivanhoe is moderately more affordable than Milroy, with a 5.2% lower cost of living index. Ivanhoe scores 56 compared to 59 for Milroy, where the US average is 100. This difference means residents of Milroy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ivanhoe is $550/month compared to $550/month in Milroy — a 0% difference. Interestingly, home values tell a different story: while Milroy has cheaper rent, Ivanhoe actually has lower median home values ($65,500 vs $103,100).

Median household income in Ivanhoe is $54,583 compared to $61,875 in Milroy (-11.8%). While Milroy 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, more than the 10.7% in Milroy.

Climate-wise, both cities share similar average temperatures (45.1°F vs 45.4°F). Ivanhoe receives more rainfall at 29.6" per year compared to 28" in Milroy.