Edina, MN vs Golden Valley, MN

Golden Valley is moderately more affordable than Edina, with a 11.6% lower cost of living index. Edina scores 141 compared to 126 for Golden Valley, where the US average is 100. This difference means residents of Edina can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edina is $1,757/month compared to $1,815/month in Golden Valley — a 3% difference. Interestingly, home values tell a different story: while Edina has cheaper rent, Golden Valley actually has lower median home values ($423,500 vs $624,000).

Median household income in Edina is $129,225 compared to $114,435 in Golden Valley (+12.9%). While Edina is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edina spend roughly 16.3% of their income on rent, less than the 19% in Golden Valley.