Riverton, MN vs Underwood, MN
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
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)