New Germany, MN vs Pease, MN

New Germany, MN and Pease, MN have a very similar cost of living, with only a 0.5% difference in their overall index. New Germany scores 83 while Pease scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in New Germany is $860/month compared to $1,083/month in Pease — a 21% difference. Interestingly, home values tell a different story: while New Germany has cheaper rent, Pease actually has lower median home values ($175,000 vs $252,600).

Median household income in New Germany is $88,438 compared to $62,500 in Pease (+41.5%). New Germany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Germany spend roughly 11.7% of their income on rent, less than the 20.8% in Pease.

Climate-wise, New Germany is notably warmer with an average of 46.7°F compared to 42.9°F in Pease. New Germany receives more rainfall at 30.6" per year compared to 28.5" in Pease.