Mound, MN vs Proctor, MN
There is a significant gap in the cost of living between these two cities. Proctor is 23.7% cheaper than Mound. With a cost index of 80 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Proctor to Mound should plan for substantially higher expenses across most categories.
On the housing front, median rent in Mound is $1,119/month compared to $1,040/month in Proctor — a 8% difference. Home values follow the same pattern: Proctor is more affordable at $219,500 median vs $348,600.
Median household income in Mound is $91,370 compared to $80,913 in Proctor (+12.9%). The higher salaries in Mound partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Mound spend roughly 14.7% of their income on rent, less than the 15.4% in Proctor.
Climate-wise, Mound is notably warmer with an average of 46.7°F compared to 40.6°F in Proctor. Proctor receives more rainfall at 31.2" per year compared to 30.6" in Mound.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)