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Pequot Lakes, MN vs West Concord, MN

78
Pequot Lakes
Minnesota
VS
+12.8%
69
West Concord
Minnesota

West Concord is moderately more affordable than Pequot Lakes, with a 12.8% lower cost of living index. Pequot Lakes scores 78 compared to 69 for West Concord, where the US average is 100. This difference means residents of Pequot Lakes can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Pequot Lakes is $792/month compared to $786/month in West Concord — a 1% difference. Home values follow the same pattern: West Concord is more affordable at $154,300 median vs $246,400.

Median household income in Pequot Lakes is $66,974 compared to $81,111 in West Concord (-17.4%). West Concord offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Pequot Lakes spend roughly 14.2% of their income on rent, more than the 11.6% in West Concord.

Climate-wise, both cities share similar average temperatures (42.2°F vs 44.8°F). West Concord receives more rainfall at 34.7" per year compared to 24.5" in Pequot Lakes.

Income & Cost

Cost of Living Index
Pequot Lakes
78
West Concord
69
11% cheaper
Median Household Income
Pequot Lakes
$66,974
West Concord
$81,111
17% higher

Housing

Median Rent
Pequot Lakes
$792
West Concord
$786
1% cheaper
Median Home Value
Pequot Lakes
$246,400
West Concord
$154,300
37% cheaper
Population
Pequot Lakes
2,236
West Concord
753

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Pequot Lakes
West Concord $2.97
US $3.07
🥚
Eggs (grade A, large)
Pequot Lakes
West Concord $2.43
US $2.50
🥛
Milk (whole)
Pequot Lakes
West Concord $3.91
US $4.03
🍞
Bread (white)
Pequot Lakes
West Concord $1.79
US $1.85
🍗
Chicken breast
Pequot Lakes
West Concord $4.02
US $4.14
Electricity
Pequot Lakes
West Concord $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Pequot Lakes 42.2°F
West Concord 44.8°F
Summer High
Pequot Lakes 82°F
West Concord 80°F
Winter Low
Pequot Lakes -0°F
West Concord 7°F
Rainfall
Pequot Lakes 24.5"
West Concord 34.7"
Rainy Days
Pequot Lakes 100d
West Concord 124d