Alden, MN vs Coleraine, MN

Alden, MN and Coleraine, MN have a very similar cost of living, with only a 1.6% difference in their overall index. Alden scores 75 while Coleraine scores 76 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 Alden is $1,038/month compared to $923/month in Coleraine — a 13% difference. Interestingly, home values tell a different story: while Coleraine has cheaper rent, Alden actually has lower median home values ($122,700 vs $179,900).

Median household income in Alden is $75,833 compared to $67,083 in Coleraine (+13%). Alden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alden spend roughly 16.4% of their income on rent, less than the 16.5% in Coleraine.