Andover, MN vs Red Wing, MN

The cost of living difference between Andover, MN and Red Wing, MN is dramatic. Red Wing is 47.6% cheaper than Andover, a gap that translates to thousands of dollars per year in household expenses. Andover has a cost index of 124 while Red Wing sits at 84, 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 Andover is $1,827/month compared to $954/month in Red Wing — a 92% difference. Home values follow the same pattern: Red Wing is more affordable at $224,800 median vs $389,200.

Median household income in Andover is $131,528 compared to $65,259 in Red Wing (+101.5%). 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, less than the 17.5% in Red Wing.