Beverly Hills, MO vs Edina, MO
There is a significant gap in the cost of living between these two cities. Edina is 23.9% cheaper than Beverly Hills. With a cost index of 58 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edina to Beverly Hills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beverly Hills is $1,087/month compared to $651/month in Edina — a 67% difference. Interestingly, home values tell a different story: while Edina has cheaper rent, Beverly Hills actually has lower median home values ($73,300 vs $79,900).
Median household income in Beverly Hills is $47,955 compared to $42,125 in Edina (+13.8%). The higher salaries in Beverly Hills partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beverly Hills spend roughly 27.2% of their income on rent, more than the 18.5% in Edina.
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