La Crescent, MN vs New Ulm, MN
New Ulm is moderately more affordable than La Crescent, with a 10.3% lower cost of living index. La Crescent scores 84 compared to 76 for New Ulm, where the US average is 100. This difference means residents of La Crescent can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in La Crescent is $1,059/month compared to $974/month in New Ulm — a 9% difference. Home values follow the same pattern: New Ulm is more affordable at $192,700 median vs $244,500.
Median household income in La Crescent is $82,109 compared to $63,984 in New Ulm (+28.3%). While La Crescent is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of La Crescent spend roughly 15.5% of their income on rent, less than the 18.3% in New Ulm.
Climate-wise, La Crescent is notably warmer with an average of 48.8°F compared to 45.4°F in New Ulm. La Crescent receives more rainfall at 35.2" per year compared to 28" in New Ulm.
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