Montgomery, MN vs St. Anthony city (Hennepin and Ramsey Counties), MN
There is a significant gap in the cost of living between these two cities. Montgomery is 25.3% cheaper than St. Anthony city (Hennepin and Ramsey Counties). With a cost index of 82 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montgomery to St. Anthony city (Hennepin and Ramsey Counties) should plan for substantially higher expenses across most categories.
On the housing front, median rent in Montgomery is $896/month compared to $1,413/month in St. Anthony city (Hennepin and Ramsey Counties) — a 37% difference. Home values follow the same pattern: Montgomery is more affordable at $218,900 median vs $365,700.
Median household income in Montgomery is $74,018 compared to $97,784 in St. Anthony city (Hennepin and Ramsey Counties) (-24.3%). The higher salaries in St. Anthony city (Hennepin and Ramsey Counties) partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montgomery spend roughly 14.5% of their income on rent, less 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 Montgomery.
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)