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Lake Bronson, MN vs Stephen, MN

57
Lake Bronson
Minnesota
VS
-15.2%
67
Stephen
Minnesota

There is a significant gap in the cost of living between these two cities. Lake Bronson is 15.2% cheaper than Stephen. With a cost index of 57 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Bronson to Stephen should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Bronson is $647/month compared to $871/month in Stephen — a 26% difference. Home values follow the same pattern: Lake Bronson is more affordable at $42,900 median vs $83,800.

Median household income in Lake Bronson is $46,250 compared to $63,750 in Stephen (-27.5%). While Stephen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Bronson spend roughly 16.8% of their income on rent, more than the 16.4% in Stephen.

Climate-wise, both cities share similar average temperatures (38.4°F vs 39.8°F). Lake Bronson receives more rainfall at 22.1" per year compared to 21.7" in Stephen.

Income & Cost

Cost of Living Index
Lake Bronson
57
15% cheaper
Stephen
67
Median Household Income
Lake Bronson
$46,250
Stephen
$63,750
27% higher

Housing

Median Rent
Lake Bronson
$647
26% cheaper
Stephen
$871
Median Home Value
Lake Bronson
$42,900
49% cheaper
Stephen
$83,800
Population
Lake Bronson
175
Stephen
524

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Bronson 38.4°F
Stephen 39.8°F
Summer High
Lake Bronson 79°F
Stephen 81°F
Winter Low
Lake Bronson -5°F
Stephen -3°F
Rainfall
Lake Bronson 22.1"
Stephen 21.7"
Rainy Days
Lake Bronson 104d
Stephen 105d