Sleepy Eye, MN vs Spicer, MN
There is a significant gap in the cost of living between these two cities. Sleepy Eye is 16.6% cheaper than Spicer. With a cost index of 68 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sleepy Eye to Spicer should plan for substantially higher expenses across most categories.
On the housing front, median rent in Sleepy Eye is $757/month compared to $825/month in Spicer — a 8% difference. Home values follow the same pattern: Sleepy Eye is more affordable at $138,500 median vs $278,500.
Median household income in Sleepy Eye is $64,811 compared to $76,406 in Spicer (-15.2%). The higher salaries in Spicer partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Sleepy Eye spend roughly 14% of their income on rent, more than the 13% in Spicer.
Climate-wise, both cities share similar average temperatures (45.4°F vs 45.4°F). Spicer receives more rainfall at 28" per year compared to 28" in Sleepy Eye.
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Climate
NOAA 30-year normals (1991-2020)