July 25, 2005

Anyone from Andover, MN care to reveal the secret?

On money.cnn.com, they had one of those cheesey Top 10 Best Places to Live. And so of course, I clicked on it.

Here is what the entry for Mountain View, CA (a finalist) looks like:

COLA-MountainView.png

Nothing surprising there… so then I checked out the places in the Top 10 Coldest Places. Unsurprisingly, all the places listed were in Minnesota. I did notice something a bit peculiar about them though – check out Andover, MN for example:

COLA-Andover.png

Did you notice that? Let me recap in this table:

  Mountain View, CA Andover, CA Difference
Median income $76,027 $79,509 -$3,482 (-4.5%)
Median home price $603,894 $230,830 $373,064 (61.8%)

[Note that this doesn't cover the higher taxes, the higher auto insurance, the higher sales tax, and higher everything (higher housing prices naturally translate to higher labor costs) in California.]

So… to all you Andover, MN readers – I must ask this question: What the heck do you do with all that extra money?

Is there some secret in MN that I don’t know about? That everyone has gold plated ice scrapers? Go to Aruba every winter? Where does it all go?

UPDATE: Err… nevermind. Apparently I could just ask my parents since they live near this town which has stats like the MN town above. And that’s in NY!

Comments (2) -- Posted by: dtc @ 1:10 am

2 Comments to “Anyone from Andover, MN care to reveal the secret?”

  1. alan Says:

    …and then there’s Santa Barbara.

    http://money.cnn.com/best/bplive/snapshots/48478.html

    Median income: $61,082
    Median home price: $1,045,144

    Damn.

  2. Paul Berkowitz Says:

    Correct.

    In Santa Barbara, and still renting. Now you know why.

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