Foley, MN vs Spring Lake Park, MN
There is a significant gap in the cost of living between these two cities. Foley is 23.4% cheaper than Spring Lake Park. With a cost index of 78 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Foley to Spring Lake Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Foley is $1,006/month compared to $1,375/month in Spring Lake Park — a 27% difference. Home values follow the same pattern: Foley is more affordable at $192,600 median vs $281,800.
Median household income in Foley is $58,092 compared to $77,112 in Spring Lake Park (-24.7%). While Spring Lake Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Foley spend roughly 20.8% of their income on rent, less than the 21.4% in Spring Lake Park.
Climate-wise, both cities share similar average temperatures (42.9°F vs 45.8°F). Spring Lake Park receives more rainfall at 30.7" per year compared to 28.5" in Foley.
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