Mound, MN vs Perham, MN

The cost of living difference between Mound, MN and Perham, MN is dramatic. Perham is 34.7% cheaper than Mound, a gap that translates to thousands of dollars per year in household expenses. Mound has a cost index of 99 while Perham sits at 74, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Mound is $1,119/month compared to $813/month in Perham — a 38% difference. Home values follow the same pattern: Perham is more affordable at $186,000 median vs $348,600.

Median household income in Mound is $91,370 compared to $47,088 in Perham (+94%). While Mound is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mound spend roughly 14.7% of their income on rent, less than the 20.7% in Perham.

Climate-wise, Mound is notably warmer with an average of 46.7°F compared to 40.4°F in Perham. Mound receives more rainfall at 30.6" per year compared to 23.9" in Perham.