Excelsior, MN vs Medina, MN

Excelsior, MN and Medina, MN have a very similar cost of living, with only a 4.2% difference in their overall index. Excelsior scores 139 while Medina scores 134 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 Excelsior is $1,125/month compared to $1,421/month in Medina — a 21% difference. Interestingly, home values tell a different story: while Excelsior has cheaper rent, Medina actually has lower median home values ($660,800 vs $839,500).

Median household income in Excelsior is $108,611 compared to $219,181 in Medina (-50.4%). Medina offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Excelsior spend roughly 12.4% of their income on rent, more than the 7.8% in Medina.