Slayton, MN vs Walnut Grove, MN
There is a significant gap in the cost of living between these two cities. Walnut Grove is 18.8% cheaper than Slayton. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Walnut Grove to Slayton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Slayton is $718/month compared to $575/month in Walnut Grove — a 25% difference. Home values follow the same pattern: Walnut Grove is more affordable at $81,000 median vs $160,400.
Median household income in Slayton is $65,724 compared to $59,583 in Walnut Grove (+10.3%). The higher salaries in Slayton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Slayton spend roughly 13.1% of their income on rent, more than the 11.6% in Walnut Grove.
Climate-wise, both cities share similar average temperatures (45.1°F vs 45.4°F). Slayton receives more rainfall at 29.6" per year compared to 28" in Walnut Grove.
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Climate
NOAA 30-year normals (1991-2020)