Albertville, MN vs New Brighton, MN

Albertville, MN and New Brighton, MN have a very similar cost of living, with only a 0.2% difference in their overall index. Albertville scores 105 while New Brighton scores 105 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albertville is $1,385/month compared to $1,327/month in New Brighton — a 4% difference. Interestingly, home values tell a different story: while New Brighton has cheaper rent, Albertville actually has lower median home values ($326,400 vs $345,900).

Median household income in Albertville is $126,307 compared to $87,272 in New Brighton (+44.7%). 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 18.2% in New Brighton.