Alexandria, MN Cost Of Living
Cost Of Living In Alexandria, MN Summary
Cost of living in Alexandria research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Alexandria is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Alexandria is 100, with 100 being the average.
The cost of living index in Alexandria is 1.0x lower than the national average.
Alexandria ranks as the #49 cheapest in Minnesota out of 147.
Alexandria ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Alexandria is $199,000.
The median income in Alexandria is $54,193.
Table Of Contents
Alexandria's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Alexandria, MN?
According to the most recent data on the cost of living, Alexandria has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Alexandria has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Alexandria ranks as #49 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Alexandria ranks as the #98 most expensive place in the North Star State.
For more reading on life in Alexandria, check out:
- Living In Alexandria
- Alexandria Crime Report
- Search Homes For Sale In Alexandria, MN
In Minnesota
In America
Alexandria Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Alexandria. Here is how it fairs on each of the criteria:
The Services index in Alexandria is 109.
The Groceries index in Alexandria is 109.
The Health index in Alexandria is 120.
The Housing index in Alexandria is 85.
The Transportation index in Alexandria is 97.
The Utilities index in Alexandria is 99.
| Living Expense | Alexandria | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 100 | 95 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 109 | 98 | 100 | |
| Health | 120 | 111 | 100 | |
| Housing | 85 | 83 | 100 | |
| Transportation | 97 | 98 | 100 | |
| Utilities | 99 | 95 | 100 | |
Alexandria, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Alexandria is $199,000.
The Median Rent in Alexandria is $782.
The Median Income in Alexandria is $54,193.
The Home Value To Income in Alexandria is 3.7x.
The Rent To Monthly Income in Alexandria is 0.17x.
| Statistic | Alexandria | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $199,000 | $250,200 | $244,900 |
| Median Rent | $782 | $1,081 | $1,163 |
| Median Income | $54,193 | $77,706 | $69,021 |
| Home Value To Income | 3.7x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Alexandria, MN Costs By Category
Detailed Alexandria Services Costs Vs. Minnesota
| Item | Alexandria | Minnesota |
|---|---|---|
| Shampoo | $1.41 | $1.06 |
| Movie | $11.5 | $10.68 |
| Bowling | $14.67 | $14.67 |
| Haircut | $22.14 | $18.62 |
| Beauty Salon | $32.63 | $39.05 |
Detailed Alexandria Groceries Costs Vs. Minnesota
| Item | Alexandria | Minnesota |
|---|---|---|
| Ground Beef | $4.38 | $4.22 |
| Fried Chicken | $1.87 | $1.39 |
| Milk | $2.51 | $2.05 |
| Potatoes | $3.69 | $3.29 |
| Pizza | $11.82 | $10.62 |
| Beer | $9.02 | $9.38 |
| Toothpaste | $2.47 | $2.34 |
Detailed Alexandria Health Costs Vs. Minnesota
| Item | Alexandria | Minnesota |
|---|---|---|
| Optometrist | $121.88 | $108.57 |
| Doctor | $188.46 | $116.17 |
| Dentist | $98.83 | $99.13 |
Detailed Alexandria Transportation Costs Vs. Minnesota
| Item | Alexandria | Minnesota |
|---|---|---|
| Gasoline | $2.14 | $2.22 |
| Tire Balancing | $51.67 | $50.07 |
Detailed Alexandria Utilities Costs Vs. Minnesota
| Item | Alexandria | Minnesota |
|---|---|---|
| All Electricity | $167.38 | $167.67 |
| Phone | $181.73 | $175.64 |
Alexandria SnackAbility
/10
Cost Of Living In Cities Around Alexandria
The cost of living varies in the cities and towns around Alexandria. Here's a quick look at the cost of living in the most populous nearby places:
Fergus Falls, MN has a cost of living index of 90, 0.9x Alexandria.
Little Falls, MN has a cost of living index of 97, 1.0x Alexandria.
Morris, MN has a cost of living index of 99, 1.0x Alexandria.
| City | Population | Cost Of Living | Vs. Alexandria |
|---|---|---|---|
| Fergus Falls, MN | 13,969 | 90 | 0.9x |
| Little Falls, MN | 9,049 | 97 | 1.0x |
| Morris, MN | 5,190 | 99 | 1.0x |
