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New Munich, MN vs Raymond, MN

85
New Munich
Minnesota
VS
+13.6%
75
Raymond
Minnesota

Raymond is moderately more affordable than New Munich, with a 13.6% lower cost of living index. New Munich scores 85 compared to 75 for Raymond, where the US average is 100. This difference means residents of New Munich can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in New Munich are $165,300 compared to $146,000 in Raymond, a 13% gap.

Median household income in New Munich is $90,714 compared to $62,308 in Raymond (+45.6%). While New Munich is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (42.9°F vs 45.4°F). New Munich receives more rainfall at 28.5" per year compared to 28" in Raymond.

Income & Cost

Cost of Living Index
New Munich
85
Raymond
75
12% cheaper
Median Household Income
New Munich
$90,714
31% higher
Raymond
$62,308

Housing

Median Rent
New Munich
Raymond
$959
Median Home Value
New Munich
$165,300
Raymond
$146,000
12% cheaper
Population
New Munich
275
Raymond
771

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Munich $2.97
Raymond
US $3.07
🥚
Eggs (grade A, large)
New Munich $2.43
Raymond
US $2.50
🥛
Milk (whole)
New Munich $3.91
Raymond
US $4.03
🍞
Bread (white)
New Munich $1.79
Raymond
US $1.85
🍗
Chicken breast
New Munich $4.02
Raymond
US $4.14
Electricity
New Munich $0.17
Raymond
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Munich 42.9°F
Raymond 45.4°F
Summer High
New Munich 82°F
Raymond 84°F
Winter Low
New Munich 3°F
Raymond 6°F
Rainfall
New Munich 28.5"
Raymond 28"
Rainy Days
New Munich 111d
Raymond 96d