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

St. Anthony city (Hennepin and Ramsey Counties) is moderately more affordable than Prior Lake, with a 8.6% lower cost of living index. Prior Lake scores 119 compared to 109 for St. Anthony city (Hennepin and Ramsey Counties), where the US average is 100. This difference means residents of Prior Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Prior Lake is $1,548/month compared to $1,413/month in St. Anthony city (Hennepin and Ramsey Counties) — a 10% difference. Home values follow the same pattern: St. Anthony city (Hennepin and Ramsey Counties) is more affordable at $365,700 median vs $429,900.

Median household income in Prior Lake is $130,278 compared to $97,784 in St. Anthony city (Hennepin and Ramsey Counties) (+33.2%). While Prior Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Prior Lake spend roughly 14.3% 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 Prior Lake.