Raymond, MN vs Slayton, MN

Slayton is moderately more affordable than Raymond, with a 8.9% lower cost of living index. Raymond scores 75 compared to 69 for Slayton, where the US average is 100. This difference means residents of Raymond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Raymond is $959/month compared to $718/month in Slayton — a 34% difference. Interestingly, home values tell a different story: while Slayton has cheaper rent, Raymond actually has lower median home values ($146,000 vs $160,400).

Median household income in Raymond is $62,308 compared to $65,724 in Slayton (-5.2%). Slayton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Raymond spend roughly 18.5% of their income on rent, more than the 13.1% in Slayton.

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