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Urbank, MN vs Wolf Lake, MN

81
Urbank
Minnesota
VS
+12.9%
71
Wolf Lake
Minnesota

Wolf Lake is moderately more affordable than Urbank, with a 12.9% lower cost of living index. Urbank scores 81 compared to 71 for Wolf Lake, where the US average is 100. This difference means residents of Urbank can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Urbank are $85,000 compared to $137,500 in Wolf Lake, a 38% gap.

Median household income in Urbank is $58,750 compared to $66,250 in Wolf Lake (-11.3%). Wolf Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (42.5°F vs 40.4°F). Urbank receives more rainfall at 24.1" per year compared to 23.9" in Wolf Lake.

Income & Cost

Cost of Living Index
Urbank
81
Wolf Lake
71
11% cheaper
Median Household Income
Urbank
$58,750
Wolf Lake
$66,250
11% higher

Housing

Median Rent
Urbank
Wolf Lake
$873
Median Home Value
Urbank
$85,000
38% cheaper
Wolf Lake
$137,500
Population
Urbank
35
Wolf Lake
104

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Urbank 42.5°F
Wolf Lake 40.4°F
Summer High
Urbank 80°F
Wolf Lake 80°F
Winter Low
Urbank 2°F
Wolf Lake -3°F
Rainfall
Urbank 24.1"
Wolf Lake 23.9"
Rainy Days
Urbank 92d
Wolf Lake 103d