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Andover, MN vs Big Lake, MN

124
Andover
Minnesota
VS
+19.8%
103
Big Lake
Minnesota

There is a significant gap in the cost of living between these two cities. Big Lake is 19.8% cheaper than Andover. With a cost index of 103 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Big Lake to Andover should plan for substantially higher expenses across most categories.

On the housing front, median rent in Andover is $1,827/month compared to $1,417/month in Big Lake — a 29% difference. Home values follow the same pattern: Big Lake is more affordable at $291,700 median vs $389,200.

Median household income in Andover is $131,528 compared to $113,333 in Big Lake (+16.1%). The higher salaries in Andover partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Andover spend roughly 16.7% of their income on rent, more than the 15% in Big Lake.

Income & Cost

Cost of Living Index
Andover
124
Big Lake
103
16% cheaper
Median Household Income
Andover
$131,528
14% higher
Big Lake
$113,333

Housing

Median Rent
Andover
$1,827
Big Lake
$1,417
22% cheaper
Median Home Value
Andover
$389,200
Big Lake
$291,700
25% cheaper
Population
Andover
32,825
Big Lake
12,115

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Andover $3.20
Big Lake $3.20
US $3.07
🥚
Eggs (grade A, large)
Andover $2.61
Big Lake $2.61
US $2.50
🥛
Milk (whole)
Andover $4.21
Big Lake $4.21
US $4.03
🍞
Bread (white)
Andover $1.93
Big Lake $1.93
US $1.85
🍗
Chicken breast
Andover $4.33
Big Lake $4.33
US $4.14
Electricity
Andover $0.17
Big Lake $0.17
US $0.19