Cologne, MN vs Lilydale, MN

There is a significant gap in the cost of living between these two cities. Cologne is 24.4% cheaper than Lilydale. With a cost index of 106 vs 140, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cologne to Lilydale should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Cologne are $356,600 compared to $389,300 in Lilydale, a 8% gap.

Median household income in Cologne is $117,344 compared to $93,393 in Lilydale (+25.6%). Cologne offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.