Newfolden, MN vs Renville, MN

Renville is moderately more affordable than Newfolden, with a 14.7% lower cost of living index. Newfolden scores 72 compared to 63 for Renville, where the US average is 100. This difference means residents of Newfolden can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newfolden is $883/month compared to $671/month in Renville — a 32% difference. Home values follow the same pattern: Renville is more affordable at $109,700 median vs $143,800.

Median household income in Newfolden is $69,000 compared to $73,750 in Renville (-6.4%). Renville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newfolden spend roughly 15.4% of their income on rent, more than the 10.9% in Renville.

Climate-wise, Renville is notably warmer with an average of 45.4°F compared to 37.7°F in Newfolden. Renville receives more rainfall at 28" per year compared to 24.3" in Newfolden.