Medford, MN vs Montgomery, MN

Medford, MN and Montgomery, MN have a very similar cost of living, with only a 3.2% difference in their overall index. Medford scores 84 while Montgomery scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Medford is $1,036/month compared to $896/month in Montgomery — a 16% difference. Home values follow the same pattern: Montgomery is more affordable at $218,900 median vs $234,300.

Median household income in Medford is $98,375 compared to $74,018 in Montgomery (+32.9%). While Medford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Medford spend roughly 12.6% of their income on rent, less than the 14.5% in Montgomery.

Climate-wise, both cities share similar average temperatures (44.8°F vs 46.7°F). Medford receives more rainfall at 34.7" per year compared to 30.6" in Montgomery.