Albertville, MN vs Cohasset, MN

There is a significant gap in the cost of living between these two cities. Cohasset is 20.6% cheaper than Albertville. With a cost index of 87 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cohasset to Albertville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albertville is $1,385/month compared to $917/month in Cohasset — a 51% difference. Home values follow the same pattern: Cohasset is more affordable at $315,700 median vs $326,400.

Median household income in Albertville is $126,307 compared to $87,833 in Cohasset (+43.8%). While Albertville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albertville spend roughly 13.2% of their income on rent, more than the 12.5% in Cohasset.