Roseau, MN vs Silver Lake, MN

Roseau, MN and Silver Lake, MN have a very similar cost of living, with only a 4.6% difference in their overall index. Roseau scores 75 while Silver Lake scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Roseau is $1,027/month compared to $769/month in Silver Lake — a 34% difference. Interestingly, home values tell a different story: while Silver Lake has cheaper rent, Roseau actually has lower median home values ($130,000 vs $184,800).

Median household income in Roseau is $60,185 compared to $75,000 in Silver Lake (-19.8%). Silver Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Roseau spend roughly 20.5% of their income on rent, more than the 12.3% in Silver Lake.

Climate-wise, Silver Lake is notably warmer with an average of 46.7°F compared to 37.7°F in Roseau. Silver Lake receives more rainfall at 30.6" per year compared to 24.3" in Roseau.