Cambridge, MN vs Scandia, MN

Cambridge is moderately more affordable than Scandia, with a 11.2% lower cost of living index. Cambridge scores 93 compared to 105 for Scandia, where the US average is 100. This difference means residents of Scandia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cambridge is $1,232/month compared to $978/month in Scandia — a 26% difference. Interestingly, home values tell a different story: while Scandia has cheaper rent, Cambridge actually has lower median home values ($234,800 vs $471,900).

Median household income in Cambridge is $67,632 compared to $100,179 in Scandia (-32.5%). While Scandia 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 11.7% in Scandia.