Pipestone, MN vs Renville, MN

Pipestone, MN and Renville, MN have a very similar cost of living, with only a 1.5% difference in their overall index. Pipestone scores 64 while Renville scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Pipestone is $722/month compared to $671/month in Renville — a 8% difference. Interestingly, home values tell a different story: while Renville has cheaper rent, Pipestone actually has lower median home values ($102,000 vs $109,700).

Median household income in Pipestone is $61,442 compared to $73,750 in Renville (-16.7%). 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 Pipestone spend roughly 14.1% of their income on rent, more than the 10.9% in Renville.

Climate-wise, both cities share similar average temperatures (45.1°F vs 45.4°F). Pipestone receives more rainfall at 29.6" per year compared to 28" in Renville.