Alexandria, MN vs Savage, MN

The cost of living difference between Alexandria, MN and Savage, MN is dramatic. Alexandria is 30.9% cheaper than Savage, a gap that translates to thousands of dollars per year in household expenses. Alexandria has a cost index of 81 while Savage sits at 118, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Alexandria is $907/month compared to $1,608/month in Savage — a 44% difference. Home values follow the same pattern: Alexandria is more affordable at $247,200 median vs $395,600.

Median household income in Alexandria is $61,558 compared to $122,646 in Savage (-49.8%). While Savage 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 15.7% in Savage.