Savage, MN vs Victoria, MN
There is a significant gap in the cost of living between these two cities. Savage is 25.2% cheaper than Victoria. With a cost index of 118 vs 157, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Savage to Victoria should plan for substantially higher expenses across most categories.
On the housing front, median rent in Savage is $1,608/month compared to $2,435/month in Victoria — a 34% difference. Home values follow the same pattern: Savage is more affordable at $395,600 median vs $572,800.
Median household income in Savage is $122,646 compared to $192,821 in Victoria (-36.4%). While Victoria is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Savage spend roughly 15.7% of their income on rent, more than the 15.2% in Victoria.
Climate-wise, both cities share similar average temperatures (46.7°F vs 46.7°F). Victoria receives more rainfall at 30.6" per year compared to 30.6" in Savage.
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NOAA 30-year normals (1991-2020)