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New York Mills, MN vs Pine Island, MN

67
New York Mills
Minnesota
VS
-24%
88
Pine Island
Minnesota

There is a significant gap in the cost of living between these two cities. New York Mills is 24% cheaper than Pine Island. With a cost index of 67 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New York Mills to Pine Island should plan for substantially higher expenses across most categories.

On the housing front, median rent in New York Mills is $712/month compared to $959/month in Pine Island — a 26% difference. Home values follow the same pattern: New York Mills is more affordable at $144,900 median vs $324,700.

Median household income in New York Mills is $51,696 compared to $91,612 in Pine Island (-43.6%). While Pine Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New York Mills spend roughly 16.5% of their income on rent, more than the 12.6% in Pine Island.

Climate-wise, Pine Island is notably warmer with an average of 44.8°F compared to 40.4°F in New York Mills. Pine Island receives more rainfall at 34.7" per year compared to 23.9" in New York Mills.

Income & Cost

Cost of Living Index
New York Mills
67
24% cheaper
Pine Island
88
Median Household Income
New York Mills
$51,696
Pine Island
$91,612
44% higher

Housing

Median Rent
New York Mills
$712
26% cheaper
Pine Island
$959
Median Home Value
New York Mills
$144,900
55% cheaper
Pine Island
$324,700
Population
New York Mills
1,319
Pine Island
3,693

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New York Mills 40.4°F
Pine Island 44.8°F
Summer High
New York Mills 80°F
Pine Island 80°F
Winter Low
New York Mills -3°F
Pine Island 7°F
Rainfall
New York Mills 23.9"
Pine Island 34.7"
Rainy Days
New York Mills 103d
Pine Island 124d