Milaca, MN vs New Richland, MN

There is a significant gap in the cost of living between these two cities. New Richland is 27.1% cheaper than Milaca. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Richland to Milaca should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milaca is $854/month compared to $544/month in New Richland — a 57% difference. Home values follow the same pattern: New Richland is more affordable at $133,000 median vs $184,900.

Median household income in Milaca is $49,063 compared to $62,841 in New Richland (-21.9%). New Richland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milaca spend roughly 20.9% of their income on rent, more than the 10.4% in New Richland.

Climate-wise, both cities share similar average temperatures (42.9°F vs 44.8°F). New Richland receives more rainfall at 34.7" per year compared to 28.5" in Milaca.