Cambridge, MN vs Centerville, MN
There is a significant gap in the cost of living between these two cities. Cambridge is 15.7% cheaper than Centerville. With a cost index of 93 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cambridge to Centerville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cambridge is $1,232/month compared to $1,453/month in Centerville — a 15% difference. Home values follow the same pattern: Cambridge is more affordable at $234,800 median vs $364,700.
Median household income in Cambridge is $67,632 compared to $119,361 in Centerville (-43.3%). While Centerville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 21.9% of their income on rent, more than the 14.6% in Centerville.
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