Similar to other places in this area, it's somewhat less expensive compared to the entire nation. However it is a lot less expensive compared to the city of Minneapolis.
Home prices
The price of the median home in Cold Spring is $170,300. In comparison to the surrounding areas it is is very similar.Compared to the US as a whole it is about $47,200 (21%) lower, and in comparison to the city of Minneapolis is approximately $81,300 (32%) lower.
Rents
Cold Spring's median monthly rent is $942. This is roughly $129 (15%) higher compared to the surrounding areas.In comparison to the rest of the nation it is about $120 (11%) lower, and it is approximately $85 (8%) lower in comparison to the city of Minneapolis.
Nearby places
Richmond
Richmond is about 3 miles west of Cold Spring. Housing prices there are somewhat less expensive. The median home cost in Richmond is $158,200, which comes out to $12,100 (7%) lower than Cold Spring. The rent there is significantly less expensive. Richmond's median rent is $488 a month, which works out to $454 (93%) lower than Cold Spring.
Rockville
Rockville is approximately 4 miles east from Cold Spring. The real estate prices there are a lot more expensive. The price of the median home in Rockville is $254,700, which comes out to $84,400 (33%) higher than Cold Spring. Rent there is a lot less expensive. The median monthly rent in Rockville is $705, which works out to $237 (33%) lower than Cold Spring.
St. Joseph
St. Joseph is roughly 8 miles northeast of Cold Spring. The real estate prices there are pretty similar. The median home in St. Joseph is valued at $170,200, which is very similar to Cold Spring. Rent there is somewhat less expensive. St. Joseph's median rent is $777 a month, which is $165 (21%) lower than Cold Spring.
Waite Park
Waite Park is roughly 8 miles northeast of Cold Spring. Real estate prices there are a bit less expensive. The price of the median home in Waite Park is $151,700, which is $18,600 (12%) lower than Cold Spring. The rent there is somewhat less expensive. Waite Park's median rent is $844 a month, which works out to $98 (11%) lower than Cold Spring.
Roscoe
Roscoe is about 8 miles west from Cold Spring. The real estate prices there are significantly less expensive. The median home in Roscoe costs $116,700, which works out to $53,600 (45%) lower than Cold Spring. Rent there is a little more expensive. The median rent in Roscoe is $1,250 per month, which comes out to $308 (24%) higher than Cold Spring.
