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Minneota, MN vs Stephen, MN

66
Minneota
Minnesota
VS
-1.9%
67
Stephen
Minnesota

Minneota, MN and Stephen, MN have a very similar cost of living, with only a 1.9% difference in their overall index. Minneota scores 66 while Stephen scores 67 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 Minneota is $629/month compared to $871/month in Stephen — a 28% difference. Interestingly, home values tell a different story: while Minneota has cheaper rent, Stephen actually has lower median home values ($83,800 vs $158,100).

Median household income in Minneota is $72,396 compared to $63,750 in Stephen (+13.6%). Minneota offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Minneota spend roughly 10.4% of their income on rent, less than the 16.4% in Stephen.

Climate-wise, Minneota is notably warmer with an average of 45.4°F compared to 39.8°F in Stephen. Minneota receives more rainfall at 28" per year compared to 21.7" in Stephen.

Income & Cost

Cost of Living Index
Minneota
66
2% cheaper
Stephen
67
Median Household Income
Minneota
$72,396
12% higher
Stephen
$63,750

Housing

Median Rent
Minneota
$629
28% cheaper
Stephen
$871
Median Home Value
Minneota
$158,100
Stephen
$83,800
47% cheaper
Population
Minneota
1,531
Stephen
524

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Minneota 45.4°F
Stephen 39.8°F
Summer High
Minneota 84°F
Stephen 81°F
Winter Low
Minneota 6°F
Stephen -3°F
Rainfall
Minneota 28"
Stephen 21.7"
Rainy Days
Minneota 96d
Stephen 105d