Perham, MN vs Truman, MN

Truman is moderately more affordable than Perham, with a 9% lower cost of living index. Perham scores 74 compared to 67 for Truman, where the US average is 100. This difference means residents of Perham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Perham is $813/month compared to $942/month in Truman — a 14% difference. Interestingly, home values tell a different story: while Perham has cheaper rent, Truman actually has lower median home values ($100,200 vs $186,000).

Median household income in Perham is $47,088 compared to $59,095 in Truman (-20.3%). Truman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Perham spend roughly 20.7% of their income on rent, more than the 19.1% in Truman.

Climate-wise, Truman is notably warmer with an average of 44.6°F compared to 40.4°F in Perham. Truman receives more rainfall at 29.3" per year compared to 23.9" in Perham.