New Munich, MN vs Raymond, MN
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.
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