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Loretto, MN vs Maynard, MN

92
Loretto
Minnesota
VS
+15.6%
80
Maynard
Minnesota

There is a significant gap in the cost of living between these two cities. Maynard is 15.6% cheaper than Loretto. With a cost index of 80 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Maynard to Loretto should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Loretto are $350,600 compared to $74,600 in Maynard, a 370% gap.

Median household income in Loretto is $110,833 compared to $41,515 in Maynard (+167%). While Loretto is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (45.8°F vs 45.4°F). Loretto receives more rainfall at 30.7" per year compared to 28" in Maynard.

Income & Cost

Cost of Living Index
Loretto
92
Maynard
80
14% cheaper
Median Household Income
Loretto
$110,833
63% higher
Maynard
$41,515

Housing

Median Rent
Loretto
$888
Maynard
Median Home Value
Loretto
$350,600
Maynard
$74,600
79% cheaper
Population
Loretto
805
Maynard
269

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Loretto $3.20
Maynard
US $3.07
🥚
Eggs (grade A, large)
Loretto $2.61
Maynard
US $2.50
🥛
Milk (whole)
Loretto $4.21
Maynard
US $4.03
🍞
Bread (white)
Loretto $1.93
Maynard
US $1.85
🍗
Chicken breast
Loretto $4.33
Maynard
US $4.14
Electricity
Loretto $0.17
Maynard
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Loretto 45.8°F
Maynard 45.4°F
Summer High
Loretto 83°F
Maynard 84°F
Winter Low
Loretto 7°F
Maynard 6°F
Rainfall
Loretto 30.7"
Maynard 28"
Rainy Days
Loretto 0d
Maynard 96d