Ogema, MN vs The Lakes, MN
There is a significant gap in the cost of living between these two cities. Ogema is 24% cheaper than The Lakes. With a cost index of 80 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ogema to The Lakes should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Ogema are $82,500 compared to $391,900 in The Lakes, a 79% gap.
Median household income in Ogema is $51,875 compared to $88,929 in The Lakes (-41.7%). While The Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, The Lakes is notably warmer with an average of 45.4°F compared to 40.4°F in Ogema. The Lakes receives more rainfall at 28" per year compared to 23.9" in Ogema.
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Housing
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Climate
NOAA 30-year normals (1991-2020)