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Lake Bronson, MN vs Milan, MN

57
Lake Bronson
Minnesota
VS
-22%
73
Milan
Minnesota

There is a significant gap in the cost of living between these two cities. Lake Bronson is 22% cheaper than Milan. With a cost index of 57 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Bronson to Milan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Bronson is $647/month compared to $1,102/month in Milan — a 41% difference. Home values follow the same pattern: Lake Bronson is more affordable at $42,900 median vs $70,000.

Median household income in Lake Bronson is $46,250 compared to $50,625 in Milan (-8.6%). Milan 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 Lake Bronson spend roughly 16.8% of their income on rent, less than the 26.1% in Milan.

Climate-wise, Milan is notably warmer with an average of 45.4°F compared to 38.4°F in Lake Bronson. Milan receives more rainfall at 28" per year compared to 22.1" in Lake Bronson.

Income & Cost

Cost of Living Index
Lake Bronson
57
22% cheaper
Milan
73
Median Household Income
Lake Bronson
$46,250
Milan
$50,625
9% higher

Housing

Median Rent
Lake Bronson
$647
41% cheaper
Milan
$1,102
Median Home Value
Lake Bronson
$42,900
39% cheaper
Milan
$70,000
Population
Lake Bronson
175
Milan
498

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Bronson 38.4°F
Milan 45.4°F
Summer High
Lake Bronson 79°F
Milan 84°F
Winter Low
Lake Bronson -5°F
Milan 6°F
Rainfall
Lake Bronson 22.1"
Milan 28"
Rainy Days
Lake Bronson 104d
Milan 96d