Lake Benton, MN vs Ogema, MN
There is a significant gap in the cost of living between these two cities. Lake Benton is 28.1% cheaper than Ogema. With a cost index of 58 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Benton to Ogema should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Lake Benton are $91,900 compared to $82,500 in Ogema, a 11% gap.
Median household income in Lake Benton is $52,000 compared to $51,875 in Ogema (+0.2%). Lake Benton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Lake Benton is notably warmer with an average of 45.1°F compared to 40.4°F in Ogema. Lake Benton receives more rainfall at 29.6" per year compared to 23.9" in Ogema.
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Climate
NOAA 30-year normals (1991-2020)