Jordan, MN vs Pequot Lakes, MN
There is a significant gap in the cost of living between these two cities. Pequot Lakes is 23.4% cheaper than Jordan. With a cost index of 78 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pequot Lakes to Jordan should plan for substantially higher expenses across most categories.
On the housing front, median rent in Jordan is $1,102/month compared to $792/month in Pequot Lakes — a 39% difference. Home values follow the same pattern: Pequot Lakes is more affordable at $246,400 median vs $319,000.
Median household income in Jordan is $110,139 compared to $66,974 in Pequot Lakes (+64.5%). While Jordan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jordan spend roughly 12% of their income on rent, less than the 14.2% in Pequot Lakes.
Climate-wise, Jordan is notably warmer with an average of 46.7°F compared to 42.2°F in Pequot Lakes. Jordan receives more rainfall at 30.6" per year compared to 24.5" in Pequot Lakes.
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