Minto, ND vs Sherwood, ND
There is a significant gap in the cost of living between these two cities. Sherwood is 17.8% cheaper than Minto. With a cost index of 49 vs 58, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sherwood to Minto should plan for substantially higher expenses across most categories.
On the housing front, median rent in Minto is $650/month compared to $458/month in Sherwood — a 42% difference. Home values follow the same pattern: Sherwood is more affordable at $47,700 median vs $94,600.
Median household income in Minto is $71,071 compared to $58,438 in Sherwood (+21.6%). While Minto is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Minto spend roughly 11% of their income on rent, more than the 9.4% in Sherwood.
Climate-wise, both cities share similar average temperatures (39.8°F vs 37.9°F). Minto receives more rainfall at 21.7" per year compared to 15.7" in Sherwood.
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Climate
NOAA 30-year normals (1991-2020)