Cost of Living Comparison

Affordable
Savage
Minnesota (MN)
Median rent
$1,528/mo
Salary needed
$54,680/yr
vs
Affordable
Bloomington
Minnesota (MN)
Median rent
$1,450/mo
Salary needed
$51,880/yr
vs

Savage, MN and Bloomington, MN are similar in overall cost. null also leads on typical local incomes — a stronger value overall.

Lower rent: BloomingtonHigher income: SavageLower home prices: Bloomington
Savage
Bloomington
Rent
$1,367
1BR / mo
$1,297
$1,688
2BR / mo
$1,602
$1,528
Median rent
$1,450
Home Prices
$395,600
Median price
$346,200
Income
$122,646
Median household
$90,677
$4,119/mo
Take-home at $70,000
per mo, one person (standard tax filing)
$4,119/mo
Affordability
100
Overall cost vs U.S. average
U.S. average = 100
100
23.4%
Rent % of income
1BR at $70,000/yr
22.2%
$54,680/yr
Salary for 1BR
$51,880/yr