Montgomery, MN vs Thief River Falls, MN

There is a significant gap in the cost of living between these two cities. Thief River Falls is 15.4% cheaper than Montgomery. With a cost index of 71 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Thief River Falls to Montgomery should plan for substantially higher expenses across most categories.

On the housing front, median rent in Montgomery is $896/month compared to $884/month in Thief River Falls — a 1% difference. Home values follow the same pattern: Thief River Falls is more affordable at $169,300 median vs $218,900.

Median household income in Montgomery is $74,018 compared to $65,244 in Thief River Falls (+13.4%). The higher salaries in Montgomery partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montgomery spend roughly 14.5% of their income on rent, less than the 16.3% in Thief River Falls.

Climate-wise, Montgomery is notably warmer with an average of 46.7°F compared to 37.7°F in Thief River Falls. Montgomery receives more rainfall at 30.6" per year compared to 24.3" in Thief River Falls.