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Milaca, MN vs Parkers Prairie, MN

78
Milaca
Minnesota
VS
+13.3%
68
Parkers Prairie
Minnesota

Parkers Prairie is moderately more affordable than Milaca, with a 13.3% lower cost of living index. Milaca scores 78 compared to 68 for Parkers Prairie, where the US average is 100. This difference means residents of Milaca can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milaca is $854/month compared to $736/month in Parkers Prairie — a 16% difference. Home values follow the same pattern: Parkers Prairie is more affordable at $152,500 median vs $184,900.

Median household income in Milaca is $49,063 compared to $58,750 in Parkers Prairie (-16.5%). Parkers Prairie 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 15% in Parkers Prairie.

Climate-wise, both cities share similar average temperatures (42.9°F vs 42.5°F). Milaca receives more rainfall at 28.5" per year compared to 24.1" in Parkers Prairie.

Income & Cost

Cost of Living Index
Milaca
78
Parkers Prairie
68
12% cheaper
Median Household Income
Milaca
$49,063
Parkers Prairie
$58,750
16% higher

Housing

Median Rent
Milaca
$854
Parkers Prairie
$736
14% cheaper
Median Home Value
Milaca
$184,900
Parkers Prairie
$152,500
18% cheaper
Population
Milaca
3,033
Parkers Prairie
1,089

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Milaca 42.9°F
Parkers Prairie 42.5°F
Summer High
Milaca 82°F
Parkers Prairie 80°F
Winter Low
Milaca 3°F
Parkers Prairie 2°F
Rainfall
Milaca 28.5"
Parkers Prairie 24.1"
Rainy Days
Milaca 111d
Parkers Prairie 92d