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Golden Valley, MN vs Wyoming, MN

126
Golden Valley
Minnesota
VS
+29.7%
97
Wyoming
Minnesota

There is a significant gap in the cost of living between these two cities. Wyoming is 29.7% cheaper than Golden Valley. With a cost index of 97 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wyoming to Golden Valley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Golden Valley is $1,815/month compared to $1,117/month in Wyoming — a 63% difference. Home values follow the same pattern: Wyoming is more affordable at $328,900 median vs $423,500.

Median household income in Golden Valley is $114,435 compared to $101,938 in Wyoming (+12.3%). Golden Valley 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 Golden Valley spend roughly 19% of their income on rent, more than the 13.1% in Wyoming.

Climate-wise, both cities share similar average temperatures (45.8°F vs 45.8°F). Wyoming receives more rainfall at 30.7" per year compared to 30.7" in Golden Valley.

Income & Cost

Cost of Living Index
Golden Valley
126
Wyoming
97
23% cheaper
Median Household Income
Golden Valley
$114,435
11% higher
Wyoming
$101,938

Housing

Median Rent
Golden Valley
$1,815
Wyoming
$1,117
38% cheaper
Median Home Value
Golden Valley
$423,500
Wyoming
$328,900
22% cheaper
Population
Golden Valley
21,927
Wyoming
8,063

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Golden Valley $3.20
Wyoming $3.20
US $3.07
🥚
Eggs (grade A, large)
Golden Valley $2.61
Wyoming $2.61
US $2.50
🥛
Milk (whole)
Golden Valley $4.21
Wyoming $4.21
US $4.03
🍞
Bread (white)
Golden Valley $1.93
Wyoming $1.93
US $1.85
🍗
Chicken breast
Golden Valley $4.33
Wyoming $4.33
US $4.14
Electricity
Golden Valley $0.17
Wyoming $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Golden Valley 45.8°F
Wyoming 45.8°F
Summer High
Golden Valley 83°F
Wyoming 83°F
Winter Low
Golden Valley 7°F
Wyoming 7°F
Rainfall
Golden Valley 30.7"
Wyoming 30.7"
Rainy Days
Golden Valley 0d
Wyoming 0d