Martin Lake, MN vs Perham, MN

The cost of living difference between Martin Lake, MN and Perham, MN is dramatic. Perham is 62.7% cheaper than Martin Lake, a gap that translates to thousands of dollars per year in household expenses. Martin Lake has a cost index of 120 while Perham sits at 74, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Martin Lake is $1,589/month compared to $813/month in Perham — a 95% difference. Home values follow the same pattern: Perham is more affordable at $186,000 median vs $426,100.

Median household income in Martin Lake is $120,705 compared to $47,088 in Perham (+156.3%). While Martin Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Martin Lake spend roughly 15.8% of their income on rent, less than the 20.7% in Perham.

Climate-wise, Martin Lake is notably warmer with an average of 45.8°F compared to 40.4°F in Perham. Martin Lake receives more rainfall at 30.7" per year compared to 23.9" in Perham.