Edina, MN vs Otsego, MN

There is a significant gap in the cost of living between these two cities. Otsego is 19.4% cheaper than Edina. With a cost index of 118 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Otsego to Edina should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edina is $1,757/month compared to $1,696/month in Otsego — a 4% difference. Home values follow the same pattern: Otsego is more affordable at $367,200 median vs $624,000.

Median household income in Edina is $129,225 compared to $127,219 in Otsego (+1.6%). Edina 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 Edina spend roughly 16.3% of their income on rent, more than the 16% in Otsego.