Red Wing, MN vs Shakopee, MN

There is a significant gap in the cost of living between these two cities. Red Wing is 24.8% cheaper than Shakopee. With a cost index of 84 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Red Wing to Shakopee should plan for substantially higher expenses across most categories.

On the housing front, median rent in Red Wing is $954/month compared to $1,495/month in Shakopee — a 36% difference. Home values follow the same pattern: Red Wing is more affordable at $224,800 median vs $361,400.

Median household income in Red Wing is $65,259 compared to $110,989 in Shakopee (-41.2%). While Shakopee is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Red Wing spend roughly 17.5% of their income on rent, more than the 16.2% in Shakopee.

Climate-wise, both cities share similar average temperatures (46.5°F vs 46.7°F). Shakopee receives more rainfall at 30.6" per year compared to 29.2" in Red Wing.