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Anoka, MN vs Richfield, MN

97
Anoka
Minnesota
VS
-6.1%
103
Richfield
Minnesota

Anoka is moderately more affordable than Richfield, with a 6.1% lower cost of living index. Anoka scores 97 compared to 103 for Richfield, where the US average is 100. This difference means residents of Richfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Anoka is $1,200/month compared to $1,334/month in Richfield — a 10% difference. Home values follow the same pattern: Anoka is more affordable at $292,900 median vs $320,400.

Median household income in Anoka is $75,262 compared to $84,055 in Richfield (-10.5%). While Richfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Anoka spend roughly 19.1% of their income on rent, more than the 19% in Richfield.

Income & Cost

Cost of Living Index
Anoka
97
6% cheaper
Richfield
103
Median Household Income
Anoka
$75,262
Richfield
$84,055
10% higher

Housing

Median Rent
Anoka
$1,200
10% cheaper
Richfield
$1,334
Median Home Value
Anoka
$292,900
9% cheaper
Richfield
$320,400
Population
Anoka
17,941
Richfield
36,725

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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