Independence, MN vs St. Anthony city (Hennepin and Ramsey Counties), MN

The cost of living difference between Independence, MN and St. Anthony city (Hennepin and Ramsey Counties), MN is dramatic. St. Anthony city (Hennepin and Ramsey Counties) is 87.3% cheaper than Independence, a gap that translates to thousands of dollars per year in household expenses. Independence has a cost index of 205 while St. Anthony city (Hennepin and Ramsey Counties) sits at 109, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Independence is $3,500/month compared to $1,413/month in St. Anthony city (Hennepin and Ramsey Counties) — a 148% difference. Home values follow the same pattern: St. Anthony city (Hennepin and Ramsey Counties) is more affordable at $365,700 median vs $757,800.

Median household income in Independence is $194,205 compared to $97,784 in St. Anthony city (Hennepin and Ramsey Counties) (+98.6%). While Independence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Independence spend roughly 21.6% of their income on rent, more than the 17.3% in St. Anthony city (Hennepin and Ramsey Counties).

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.8°F). St. Anthony city (Hennepin and Ramsey Counties) receives more rainfall at 30.7" per year compared to 30.6" in Independence.