What is the cost of living in Minnesota?
Our cost of living indices are based on a US average of 100. An amount below 100 means Minnesota is cheaper than the US average.
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Minnesota cost of living is 97.2.
COST OF LIVING | Minnesota | United States |
---|---|---|
Overall | 97.2 | 100 |
Grocery | 97.2 | 100 |
Health | 79.7 | 100 |
Housing | 101.9 | 100 |
Is it expensive to live in Minnetonka?
Minnetonka’s housing expenses are 33% higher than the national average and the utility prices are 9% lower than the national average. Transportation expenses like bus fares and gas prices are 8% higher than the national average. Minnetonka has grocery prices that are 7% higher than the national average.
Is Minnetonka MN a good place to live?
Minnetonka is a much-loved western suburb with its combination of recreation, shopping and dining and its exceptional housing and schools. Employment opportunities are transportation options are attractive, and the safe, family-oriented environment welcomes community and solidarity.
Is it expensive to live in Minnesota?
Living in Minnesota is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 2.5% less than they do on average nationwide. Compared with all other states, Minnesota has the 20th highest overall cost of living.