Janesville, MN vs Morgan, MN

Janesville, MN and Morgan, MN have a very similar cost of living, with only a 0.6% difference in their overall index. Janesville scores 72 while Morgan scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Janesville is $839/month compared to $996/month in Morgan — a 16% difference. Interestingly, home values tell a different story: while Janesville has cheaper rent, Morgan actually has lower median home values ($105,900 vs $194,400).

Median household income in Janesville is $72,120 compared to $58,750 in Morgan (+22.8%). Janesville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Janesville spend roughly 14% of their income on rent, less than the 20.3% in Morgan.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Janesville receives more rainfall at 30.6" per year compared to 28" in Morgan.