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Renville, MN vs Stephen, MN

63
Renville
Minnesota
VS
-5.9%
67
Stephen
Minnesota

Renville is moderately more affordable than Stephen, with a 5.9% lower cost of living index. Renville scores 63 compared to 67 for Stephen, where the US average is 100. This difference means residents of Stephen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Renville is $671/month compared to $871/month in Stephen — a 23% difference. Interestingly, home values tell a different story: while Renville has cheaper rent, Stephen actually has lower median home values ($83,800 vs $109,700).

Median household income in Renville is $73,750 compared to $63,750 in Stephen (+15.7%). 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 Renville spend roughly 10.9% of their income on rent, less than the 16.4% in Stephen.

Climate-wise, Renville is notably warmer with an average of 45.4°F compared to 39.8°F in Stephen. Renville receives more rainfall at 28" per year compared to 21.7" in Stephen.

Income & Cost

Cost of Living Index
Renville
63
6% cheaper
Stephen
67
Median Household Income
Renville
$73,750
14% higher
Stephen
$63,750

Housing

Median Rent
Renville
$671
23% cheaper
Stephen
$871
Median Home Value
Renville
$109,700
Stephen
$83,800
24% cheaper
Population
Renville
1,397
Stephen
524

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Renville 45.4°F
Stephen 39.8°F
Summer High
Renville 84°F
Stephen 81°F
Winter Low
Renville 6°F
Stephen -3°F
Rainfall
Renville 28"
Stephen 21.7"
Rainy Days
Renville 96d
Stephen 105d