Cambridge, MN vs Sleepy Eye, MN

The cost of living difference between Cambridge, MN and Sleepy Eye, MN is dramatic. Sleepy Eye is 37.1% cheaper than Cambridge, a gap that translates to thousands of dollars per year in household expenses. Cambridge has a cost index of 93 while Sleepy Eye sits at 68, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cambridge is $1,232/month compared to $757/month in Sleepy Eye — a 63% difference. Home values follow the same pattern: Sleepy Eye is more affordable at $138,500 median vs $234,800.

Median household income in Cambridge is $67,632 compared to $64,811 in Sleepy Eye (+4.4%). Cambridge does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Cambridge spend roughly 21.9% of their income on rent, more than the 14% in Sleepy Eye.