19 April 2022 19:57

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.

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.