Bloomington, MN vs Edina, MN

There is a significant gap in the cost of living between these two cities. Bloomington is 21.1% cheaper than Edina. With a cost index of 111 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bloomington to Edina should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomington is $1,526/month compared to $1,757/month in Edina — a 13% difference. Home values follow the same pattern: Bloomington is more affordable at $346,200 median vs $624,000.

Median household income in Bloomington is $90,677 compared to $129,225 in Edina (-29.8%). While Edina is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomington spend roughly 20.2% of their income on rent, more than the 16.3% in Edina.