Pennock, MN vs Renville, MN
There is a significant gap in the cost of living between these two cities. Renville is 24.6% cheaper than Pennock. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Renville to Pennock should plan for substantially higher expenses across most categories.
On the housing front, median rent in Pennock is $1,098/month compared to $671/month in Renville — a 64% difference. Home values follow the same pattern: Renville is more affordable at $109,700 median vs $140,500.
Median household income in Pennock is $68,846 compared to $73,750 in Renville (-6.6%). 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 Pennock spend roughly 19.1% of their income on rent, more than the 10.9% in Renville.
Climate-wise, both cities share similar average temperatures (45.4°F vs 45.4°F). Renville receives more rainfall at 28" per year compared to 28" in Pennock.
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Climate
NOAA 30-year normals (1991-2020)