Cost of living in Arden Hills 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 Arden Hills 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 Arden Hills is 120, with 100 being the average.
The cost of living index in Arden Hills is 1.2x higher than the national average.
Arden Hills ranks as the #131 cheapest in Minnesota out of 147.
Arden Hills ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Arden Hills is $326,900.
The median income in Arden Hills is $109,707.
According to the most recent data on the cost of living, Arden Hills has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Arden Hills has a cost of living index that's 1.3x higher than Minnesota's index of 95.
The standard of living in Arden Hills ranks as #131 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Arden Hills ranks as the #16 most expensive place in the North Star State.
For more reading on life in Arden Hills, check out:
Six factors go into calculating the cost of living index in Arden Hills. Here is how it fairs on each of the criteria:
The Services index in Arden Hills is 112.
The Groceries index in Arden Hills is 102.
The Health index in Arden Hills is 103.
The Housing index in Arden Hills is 147.
The Transportation index in Arden Hills is 103.
The Utilities index in Arden Hills is 97.
Living Expense | Arden Hills | Minnesota | National Average | |
---|---|---|---|---|
Overall | 120 | 95 | 100 | |
Services | 112 | 101 | 100 | |
Groceries | 102 | 98 | 100 | |
Health | 103 | 111 | 100 | |
Housing | 147 | 83 | 100 | |
Transportation | 103 | 98 | 100 | |
Utilities | 97 | 95 | 100 |
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 Arden Hills is $326,900.
The Median Rent in Arden Hills is $1,678.
The Median Income in Arden Hills is $109,707.
The Home Value To Income in Arden Hills is 3.0x.
The Rent To Monthly Income in Arden Hills is 0.18x.
Statistic | Arden Hills | Minnesota | United States |
---|---|---|---|
Median Home Value | $326,900 | $250,200 | $244,900 |
Median Rent | $1,678 | $1,081 | $1,163 |
Median Income | $109,707 | $77,706 | $69,021 |
Home Value To Income | 3.0x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Item | Arden Hills | Minnesota |
---|---|---|
Shampoo | $1.11 | $1.06 |
Movie | $10.55 | $10.68 |
Bowling | $25.79 | $14.67 |
Haircut | $25.21 | $18.62 |
Beauty Salon | $35.12 | $39.05 |
Item | Arden Hills | Minnesota |
---|---|---|
Ground Beef | $4.45 | $4.22 |
Fried Chicken | $2.2 | $1.39 |
Milk | $2.59 | $2.05 |
Potatoes | $3.33 | $3.29 |
Pizza | $12.95 | $10.62 |
Beer | $9.01 | $9.38 |
Toothpaste | $3.37 | $2.34 |
Item | Arden Hills | Minnesota |
---|---|---|
Optometrist | $90.27 | $108.57 |
Doctor | $148.38 | $116.17 |
Dentist | $86.91 | $99.13 |
Item | Arden Hills | Minnesota |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $59.83 | $50.07 |
Item | Arden Hills | Minnesota |
---|---|---|
All Electricity | $156.09 | $167.67 |
Phone | $182.1 | $175.64 |
The cost of living varies in the cities and towns around Arden Hills. Here's a quick look at the cost of living in the most populous nearby places:
Plymouth, MN has a cost of living index of 122, 1.0x Arden Hills.
Woodbury, MN has a cost of living index of 122, 1.0x Arden Hills.
Maple Grove, MN has a cost of living index of 117, 1.0x Arden Hills.
City | Population | Cost Of Living | Vs. Arden Hills |
---|---|---|---|
Plymouth, MN | 80,034 | 122 | 1.0x |
Woodbury, MN | 74,014 | 122 | 1.0x |
Maple Grove, MN | 69,900 | 117 | 1.0x |
Minnetonka, MN | 53,809 | 121 | 1.0x |
Edina, MN | 53,059 | 135 | 1.1x |
Roseville, MN | 36,119 | 107 | 0.9x |
Fridley, MN | 29,422 | 103 | 0.9x |
Shoreview, MN | 26,871 | 110 | 0.9x |
Champlin, MN | 23,877 | 110 | 0.9x |
New Brighton, MN | 23,293 | 110 | 0.9x |