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Riverton, MN vs Underwood, MN

65
Riverton
Minnesota
VS
-17.5%
78
Underwood
Minnesota

There is a significant gap in the cost of living between these two cities. Riverton is 17.5% cheaper than Underwood. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Riverton to Underwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Riverton is $682/month compared to $1,016/month in Underwood — a 33% difference. Home values follow the same pattern: Riverton is more affordable at $125,000 median vs $168,800.

Median household income in Riverton is $70,000 compared to $73,750 in Underwood (-5.1%). Underwood 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 Riverton spend roughly 11.7% of their income on rent, less than the 16.5% in Underwood.

Climate-wise, both cities share similar average temperatures (42.2°F vs 42.5°F). Riverton receives more rainfall at 24.5" per year compared to 24.1" in Underwood.

Income & Cost

Cost of Living Index
Riverton
65
18% cheaper
Underwood
78
Median Household Income
Riverton
$70,000
Underwood
$73,750
5% higher

Housing

Median Rent
Riverton
$682
33% cheaper
Underwood
$1,016
Median Home Value
Riverton
$125,000
26% cheaper
Underwood
$168,800
Population
Riverton
148
Underwood
437

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Riverton 42.2°F
Underwood 42.5°F
Summer High
Riverton 82°F
Underwood 80°F
Winter Low
Riverton -0°F
Underwood 2°F
Rainfall
Riverton 24.5"
Underwood 24.1"
Rainy Days
Riverton 100d
Underwood 92d