Inver Grove Heights, MN vs Mounds View, MN

Mounds View is moderately more affordable than Inver Grove Heights, with a 12% lower cost of living index. Inver Grove Heights scores 109 compared to 98 for Mounds View, where the US average is 100. This difference means residents of Inver Grove Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Inver Grove Heights is $1,447/month compared to $1,216/month in Mounds View — a 19% difference. Home values follow the same pattern: Mounds View is more affordable at $294,500 median vs $352,300.

Median household income in Inver Grove Heights is $104,055 compared to $90,148 in Mounds View (+15.4%). While Inver Grove Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Inver Grove Heights spend roughly 16.7% of their income on rent, more than the 16.2% in Mounds View.

Climate-wise, both cities share similar average temperatures (46.5°F vs 45.8°F). Mounds View receives more rainfall at 30.7" per year compared to 29.2" in Inver Grove Heights.