Olivia, MN vs Raymond, MN

Olivia is moderately more affordable than Raymond, with a 7.7% lower cost of living index. Olivia scores 69 compared to 75 for Raymond, where the US average is 100. This difference means residents of Raymond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Olivia is $740/month compared to $959/month in Raymond — a 23% difference. Interestingly, home values tell a different story: while Olivia has cheaper rent, Raymond actually has lower median home values ($146,000 vs $156,600).

Median household income in Olivia is $62,683 compared to $62,308 in Raymond (+0.6%). Olivia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Olivia spend roughly 14.2% of their income on rent, less than the 18.5% in Raymond.

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