Andover, MN vs Mounds View, MN

There is a significant gap in the cost of living between these two cities. Mounds View is 27% cheaper than Andover. With a cost index of 98 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mounds View 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 $1,216/month in Mounds View — a 50% difference. Home values follow the same pattern: Mounds View is more affordable at $294,500 median vs $389,200.

Median household income in Andover is $131,528 compared to $90,148 in Mounds View (+45.9%). While Andover is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Andover spend roughly 16.7% of their income on rent, more than the 16.2% in Mounds View.