Jenkins, MN vs Richmond, MN
There is a significant gap in the cost of living between these two cities. Richmond is 27.1% cheaper than Jenkins. With a cost index of 67 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richmond to Jenkins should plan for substantially higher expenses across most categories.
On the housing front, median rent in Jenkins is $1,000/month compared to $584/month in Richmond — a 71% difference. Home values follow the same pattern: Richmond is more affordable at $225,500 median vs $265,900.
Median household income in Jenkins is $70,500 compared to $67,381 in Richmond (+4.6%). Jenkins does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Jenkins spend roughly 17% of their income on rent, more than the 10.4% in Richmond.
Climate-wise, both cities share similar average temperatures (42.2°F vs 42.9°F). Richmond receives more rainfall at 28.5" per year compared to 24.5" in Jenkins.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)