Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cold Spring, Minnesota is a smaller city with a population of 4,375 inhabitants. The majority of Cold Spring residents report their race to be White; this is followed by Black and Asian. If you are not a fan of long commutes, you will enjoy living in Cold Spring. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Cold Spring, Minnesota. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like health & safety, education, employment, housing and other key data points, finding the best places to live in Cold Spring and in the areas around Cold Spring is a much easier task.
Cold Spring has a livability score of 80/100 and is ranked #54 in Minnesota and #1,545 in the USA. This is a great score, as Cold Spring ranks well in multiple categories! The cherry on top is that Cold Spring also ranks in the top 10 percent of all cities. Based on the grades for each individual category, Cold Spring has received high marks for crime (A+), cost of living (B-), education (A-), employment (B+) and housing (A+). Unfortunately for Cold Spring, there are some categories for which it does not rank well, this includes: amenities (F).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Cold Spring shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 121 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
When contemplating a move, job prospects often top the list of priorities. In Cold Spring, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.4% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Cold Spring has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Cold Spring. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Cold Spring are affordable. The median home price for Cold Spring homes is $327,194, which is 3.5% lower than the Minnesota average. If we take a closer look at the affordability of homes in Cold Spring, we’ll see that the home price to income ratio is 3.4, which is 8.1% lower than the Minnesota average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Cold Spring | Minnesota | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 86.7% | 78.0% | 76.4% |
| Workers who carpool | 7.5% | 8.7% | 9.3% |
| Workers who take public transit | 0.1% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 1.5% | 2.8% | 2.8% |
| Working from home | 4.2% | 5.3% | 4.6% |
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