Coon Rapids, MN vs New Brighton, MN

Coon Rapids, MN and New Brighton, MN have a very similar cost of living, with only a 2% difference in their overall index. Coon Rapids scores 103 while New Brighton scores 105 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Coon Rapids is $1,418/month compared to $1,327/month in New Brighton — a 7% difference. Interestingly, home values tell a different story: while New Brighton has cheaper rent, Coon Rapids actually has lower median home values ($287,200 vs $345,900).

Median household income in Coon Rapids is $86,618 compared to $87,272 in New Brighton (-0.7%). New Brighton 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 Coon Rapids spend roughly 19.6% of their income on rent, more than the 18.2% in New Brighton.