Eden Prairie, MN vs Farmington, MN

There is a significant gap in the cost of living between these two cities. Farmington is 23.6% cheaper than Eden Prairie. With a cost index of 103 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Eden Prairie should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eden Prairie is $1,761/month compared to $1,275/month in Farmington — a 38% difference. Home values follow the same pattern: Farmington is more affordable at $345,100 median vs $463,300.

Median household income in Eden Prairie is $127,732 compared to $118,556 in Farmington (+7.7%). Eden Prairie 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 Eden Prairie spend roughly 16.5% of their income on rent, more than the 12.9% in Farmington.