Farmington, MN vs Mahtomedi, MN

There is a significant gap in the cost of living between these two cities. Farmington is 16.2% cheaper than Mahtomedi. With a cost index of 103 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Mahtomedi should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington is $1,275/month compared to $1,608/month in Mahtomedi — a 21% difference. Home values follow the same pattern: Farmington is more affordable at $345,100 median vs $466,100.

Median household income in Farmington is $118,556 compared to $132,326 in Mahtomedi (-10.4%). The higher salaries in Mahtomedi partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Farmington spend roughly 12.9% of their income on rent, less than the 14.6% in Mahtomedi.