Mountain Iron, MN vs St. Francis, MN

There is a significant gap in the cost of living between these two cities. Mountain Iron is 24.6% cheaper than St. Francis. With a cost index of 73 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mountain Iron to St. Francis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mountain Iron is $911/month compared to $1,183/month in St. Francis — a 23% difference. Home values follow the same pattern: Mountain Iron is more affordable at $180,700 median vs $297,800.

Median household income in Mountain Iron is $81,607 compared to $101,875 in St. Francis (-19.9%). The higher salaries in St. Francis partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Mountain Iron spend roughly 13.4% of their income on rent, less than the 13.9% in St. Francis.

Climate-wise, St. Francis is notably warmer with an average of 45.8°F compared to 36.9°F in Mountain Iron. St. Francis receives more rainfall at 30.7" per year compared to 24.8" in Mountain Iron.