Alexandria, MN vs Carver, MN

There is a significant gap in the cost of living between these two cities. Alexandria is 27.6% cheaper than Carver. With a cost index of 81 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alexandria to Carver should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alexandria is $907/month compared to $1,347/month in Carver — a 33% difference. Home values follow the same pattern: Alexandria is more affordable at $247,200 median vs $427,600.

Median household income in Alexandria is $61,558 compared to $144,408 in Carver (-57.4%). While Carver is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alexandria spend roughly 17.7% of their income on rent, more than the 11.2% in Carver.