Golden Valley, MN vs Orono, MN
There is a significant gap in the cost of living between these two cities. Golden Valley is 23.3% cheaper than Orono. With a cost index of 126 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Golden Valley to Orono should plan for substantially higher expenses across most categories.
On the housing front, median rent in Golden Valley is $1,815/month compared to $1,653/month in Orono — a 10% difference. Interestingly, home values tell a different story: while Orono has cheaper rent, Golden Valley actually has lower median home values ($423,500 vs $952,400).
Median household income in Golden Valley is $114,435 compared to $181,875 in Orono (-37.1%). While Orono is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Golden Valley spend roughly 19% of their income on rent, more than the 10.9% in Orono.
Climate-wise, both cities share similar average temperatures (45.8°F vs 46.7°F). Golden Valley receives more rainfall at 30.7" per year compared to 30.6" in Orono.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)