Albany, MN vs Eden Valley, MN

Albany is moderately more affordable than Eden Valley, with a 5.4% lower cost of living index. Albany scores 67 compared to 71 for Eden Valley, where the US average is 100. This difference means residents of Eden Valley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albany is $579/month compared to $908/month in Eden Valley — a 36% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Eden Valley actually has lower median home values ($150,800 vs $226,000).

Median household income in Albany is $75,417 compared to $62,188 in Eden Valley (+21.3%). Albany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albany spend roughly 9.2% of their income on rent, less than the 17.5% in Eden Valley.