Raymond, MN vs Springfield, MN

Springfield is moderately more affordable than Raymond, with a 11.5% lower cost of living index. Raymond scores 75 compared to 67 for Springfield, 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 $781/month in Springfield — a 23% difference. Home values follow the same pattern: Springfield is more affordable at $117,600 median vs $146,000.

Median household income in Raymond is $62,308 compared to $59,412 in Springfield (+4.9%). Raymond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Raymond spend roughly 18.5% of their income on rent, more than the 15.8% in Springfield.

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