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Pennock, MN vs Red Lake, MN

78
Pennock
Minnesota
VS
+36%
58
Red Lake
Minnesota

The cost of living difference between Pennock, MN and Red Lake, MN is dramatic. Red Lake is 36% cheaper than Pennock, a gap that translates to thousands of dollars per year in household expenses. Pennock has a cost index of 78 while Red Lake sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Pennock is $1,098/month compared to $426/month in Red Lake — a 158% difference. Home values follow the same pattern: Red Lake is more affordable at $136,000 median vs $140,500.

Median household income in Pennock is $68,846 compared to $55,092 in Red Lake (+25%). The higher salaries in Pennock partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Pennock spend roughly 19.1% of their income on rent, more than the 9.3% in Red Lake.

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

Income & Cost

Cost of Living Index
Pennock
78
Red Lake
58
26% cheaper
Median Household Income
Pennock
$68,846
20% higher
Red Lake
$55,092

Housing

Median Rent
Pennock
$1,098
Red Lake
$426
61% cheaper
Median Home Value
Pennock
$140,500
Red Lake
$136,000
3% cheaper
Population
Pennock
510
Red Lake
1,506

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Pennock 45.4°F
Red Lake 37.7°F
Summer High
Pennock 84°F
Red Lake 78°F
Winter Low
Pennock 6°F
Red Lake -6°F
Rainfall
Pennock 28"
Red Lake 24.3"
Rainy Days
Pennock 96d
Red Lake 117d