Albertville, MN vs Cokato, MN

There is a significant gap in the cost of living between these two cities. Cokato is 27.9% cheaper than Albertville. With a cost index of 82 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cokato 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 $926/month in Cokato — a 50% difference. Home values follow the same pattern: Cokato is more affordable at $216,100 median vs $326,400.

Median household income in Albertville is $126,307 compared to $71,090 in Cokato (+77.7%). 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, less than the 15.6% in Cokato.