Avon, MN vs Cold Spring, MN

Avon is moderately more affordable than Cold Spring, with a 9.7% lower cost of living index. Avon scores 82 compared to 90 for Cold Spring, where the US average is 100. This difference means residents of Cold Spring can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Avon is $1,013/month compared to $1,297/month in Cold Spring — a 22% difference. Home values follow the same pattern: Avon is more affordable at $240,400 median vs $242,000.

Median household income in Avon is $90,987 compared to $72,022 in Cold Spring (+26.3%). Avon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Avon spend roughly 13.4% of their income on rent, less than the 21.6% in Cold Spring.