Anoka, MN Cost Of Living
Cost Of Living In Anoka, MN Summary
Cost of living in Anoka 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 Anoka 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 Anoka is 102, with 100 being the average.
The cost of living index in Anoka is 1.0x higher than the national average.
Anoka ranks as the #59 cheapest in Minnesota out of 147.
Anoka ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Anoka is $229,400.
The median income in Anoka is $66,160.
Table Of Contents
Anoka's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Anoka, MN?
According to the most recent data on the cost of living, Anoka has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Minnesota, Anoka has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Anoka ranks as #59 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Anoka ranks as the #88 most expensive place in the North Star State.
For more reading on life in Anoka, check out:
- Living In Anoka
- Anoka Crime Report
- Search Homes For Sale In Anoka, MN
In Minnesota
In America
Anoka Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Anoka. Here is how it fairs on each of the criteria:
The Services index in Anoka is 112.
The Groceries index in Anoka is 103.
The Health index in Anoka is 101.
The Housing index in Anoka is 91.
The Transportation index in Anoka is 101.
The Utilities index in Anoka is 99.
| Living Expense | Anoka | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 102 | 95 | 100 | |
| Services | 112 | 101 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 101 | 111 | 100 | |
| Housing | 91 | 83 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 99 | 95 | 100 | |
Anoka, 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 Anoka is $229,400.
The Median Rent in Anoka is $1,056.
The Median Income in Anoka is $66,160.
The Home Value To Income in Anoka is 3.5x.
The Rent To Monthly Income in Anoka is 0.19x.
| Statistic | Anoka | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $229,400 | $250,200 | $244,900 |
| Median Rent | $1,056 | $1,081 | $1,163 |
| Median Income | $66,160 | $77,706 | $69,021 |
| Home Value To Income | 3.5x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Anoka, MN Costs By Category
Detailed Anoka Services Costs Vs. Minnesota
Detailed Anoka Groceries Costs Vs. Minnesota
Detailed Anoka Health Costs Vs. Minnesota
Detailed Anoka Transportation Costs Vs. Minnesota
Detailed Anoka Utilities Costs Vs. Minnesota
Anoka SnackAbility
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Cost Of Living In Cities Around Anoka
The cost of living varies in the cities and towns around Anoka. Here's a quick look at the cost of living in the most populous nearby places:
Brooklyn Park, MN has a cost of living index of 105, 1.0x Anoka.
Plymouth, MN has a cost of living index of 122, 1.2x Anoka.
Maple Grove, MN has a cost of living index of 117, 1.1x Anoka.
| City | Population | Cost Of Living | Vs. Anoka |
|---|---|---|---|
| Brooklyn Park, MN | 85,247 | 105 | 1.0x |
| Plymouth, MN | 80,034 | 122 | 1.2x |
| Maple Grove, MN | 69,900 | 117 | 1.1x |
| Coon Rapids, MN | 63,269 | 102 | 1.0x |
| St. Louis Park, MN | 49,539 | 113 | 1.1x |
| Andover, MN | 32,471 | 114 | 1.1x |
| Ramsey, MN | 27,409 | 109 | 1.1x |
| Shoreview, MN | 26,871 | 110 | 1.1x |
| Champlin, MN | 23,877 | 110 | 1.1x |
| Golden Valley, MN | 22,247 | 116 | 1.1x |
