Alexandria, MN vs La Crescent, MN

Alexandria, MN and La Crescent, MN have a very similar cost of living, with only a 3% difference in their overall index. Alexandria scores 81 while La Crescent scores 84 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 Alexandria is $907/month compared to $1,059/month in La Crescent — a 14% difference. Interestingly, home values tell a different story: while Alexandria has cheaper rent, La Crescent actually has lower median home values ($244,500 vs $247,200).

Median household income in Alexandria is $61,558 compared to $82,109 in La Crescent (-25%). While La Crescent 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 15.5% in La Crescent.