Residential comparison · 13 facts
Inver Grove Heights, MN vs Richfield, MN
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Inver Grove Heights needs about $84,000 in Richfield to keep the same lifestyle.
Coming from Richfield, $85,000 of lifestyle costs about $86,000 in Inver Grove Heights.
A few differences
- Inver Grove Heights is higher on median household income ($101,316 vs $85,132).
- Richfield is lower on cost of living index (98 vs 100).
- Richfield is lower on 2-bedroom rent ($1,448/mo vs $1,531/mo).
Inver Grove Heights vs Richfield · facet by facet
| Facet | Inver Grove Heights, MN | Richfield, MN |
|---|---|---|
| Median home price | $363,400 | $344,000 |
| 2-bedroom rent | $1,531/mo | $1,448/mo |
| Property tax rate | 1.05% | 1.05% |
| State & local income tax | 3.68% | 3.68% |
| Sales tax | 7.5% | 7.5% |
| Cost of living index | 100 | 98 |
| Groceries index | 100 | 100 |
| Utilities | $165/mo | $165/mo |
| Median household income | $101,316 | $85,132 |
| Unemployment rate | 2.9% | 2.9% |
| Crime index | 40/100 | 40/100 |
| School rating | 7.0/10 | 7.0/10 |
| Sunny days / year | 195 days | 195 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Inver Grove Heights, MN · Richfield, MN
Questions & answers
- Is Inver Grove Heights cheaper than Richfield?
- Richfield has the lower day-to-day cost index (98 vs 100 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Richfield equals $85,000 in Inver Grove Heights?
- A household earning $85,000 in Inver Grove Heights needs about $84,000 in Richfield to keep the same lifestyle; coming the other way, $85,000 of Richfield lifestyle costs about $86,000 in Inver Grove Heights.