Eden Prairie, MN vs Golden Valley, MN

Eden Prairie, MN and Golden Valley, MN have a very similar cost of living, with only a 1.3% difference in their overall index. Eden Prairie scores 128 while Golden Valley scores 126 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 Eden Prairie is $1,761/month compared to $1,815/month in Golden Valley — a 3% difference. Interestingly, home values tell a different story: while Eden Prairie has cheaper rent, Golden Valley actually has lower median home values ($423,500 vs $463,300).

Median household income in Eden Prairie is $127,732 compared to $114,435 in Golden Valley (+11.6%). While Eden Prairie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eden Prairie spend roughly 16.5% of their income on rent, less than the 19% in Golden Valley.