Raymond, MN vs Riverland, MN

Raymond, MN and Riverland, MN have a very similar cost of living, with only a 3.1% difference in their overall index. Raymond scores 75 while Riverland scores 72 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.

Renters will find that Raymond has a median rent of $959/month while Riverland comes in at $456/month, a 110% difference.

Median household income in Raymond is $62,308 compared to $35,313 in Riverland (+76.4%). While Raymond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Raymond spend roughly 18.5% of their income on rent, more than the 15.5% in Riverland.

Climate-wise, Raymond is notably warmer with an average of 45.4°F compared to 42.2°F in Riverland. Raymond receives more rainfall at 28" per year compared to 24" in Riverland.