Brooklyn Park, MN Cost Of Living
Cost Of Living In Brooklyn Park, MN Summary
Cost of living in Brooklyn Park 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 Brooklyn Park 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 Brooklyn Park is 105, with 100 being the average.
The cost of living index in Brooklyn Park is 1.1x higher than the national average.
Brooklyn Park ranks as the #77 cheapest in Minnesota out of 147.
Brooklyn Park ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Brooklyn Park is $248,900.
The median income in Brooklyn Park is $76,620.
Table Of Contents
Brooklyn Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Brooklyn Park, MN?
According to the most recent data on the cost of living, Brooklyn Park has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Brooklyn Park has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Brooklyn Park ranks as #77 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Brooklyn Park ranks as the #70 most expensive place in the North Star State.
For more reading on life in Brooklyn Park, check out:
- Living In Brooklyn Park
- Brooklyn Park Crime Report
- Search Homes For Sale In Brooklyn Park, MN
In Minnesota
In America
Brooklyn Park Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Brooklyn Park. Here is how it fairs on each of the criteria:
The Services index in Brooklyn Park is 110.
The Groceries index in Brooklyn Park is 101.
The Health index in Brooklyn Park is 103.
The Housing index in Brooklyn Park is 100.
The Transportation index in Brooklyn Park is 99.
The Utilities index in Brooklyn Park is 98.
| Living Expense | Brooklyn Park | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 105 | 95 | 100 | |
| Services | 110 | 101 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 103 | 111 | 100 | |
| Housing | 100 | 83 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 98 | 95 | 100 | |
Brooklyn Park, 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 Brooklyn Park is $248,900.
The Median Rent in Brooklyn Park is $1,171.
The Median Income in Brooklyn Park is $76,620.
The Home Value To Income in Brooklyn Park is 3.2x.
The Rent To Monthly Income in Brooklyn Park is 0.18x.
| Statistic | Brooklyn Park | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $248,900 | $250,200 | $244,900 |
| Median Rent | $1,171 | $1,081 | $1,163 |
| Median Income | $76,620 | $77,706 | $69,021 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Brooklyn Park, MN Costs By Category
Detailed Brooklyn Park Services Costs Vs. Minnesota
| Item | Brooklyn Park | Minnesota |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $22.57 | $14.67 |
| Haircut | $24.2 | $18.62 |
| Beauty Salon | $34.39 | $39.05 |
Detailed Brooklyn Park Groceries Costs Vs. Minnesota
| Item | Brooklyn Park | Minnesota |
|---|---|---|
| Ground Beef | $4.4 | $4.22 |
| Fried Chicken | $2.1 | $1.39 |
| Milk | $2.6 | $2.05 |
| Potatoes | $3.32 | $3.29 |
| Pizza | $12.99 | $10.62 |
| Beer | $8.96 | $9.38 |
| Toothpaste | $3.36 | $2.34 |
Detailed Brooklyn Park Health Costs Vs. Minnesota
| Item | Brooklyn Park | Minnesota |
|---|---|---|
| Optometrist | $89.59 | $108.57 |
| Doctor | $147.85 | $116.17 |
| Dentist | $86.94 | $99.13 |
Detailed Brooklyn Park Transportation Costs Vs. Minnesota
| Item | Brooklyn Park | Minnesota |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $58.37 | $50.07 |
Detailed Brooklyn Park Utilities Costs Vs. Minnesota
| Item | Brooklyn Park | Minnesota |
|---|---|---|
| All Electricity | $160.63 | $167.67 |
| Phone | $180.98 | $175.64 |
Brooklyn Park SnackAbility
/10
Cost Of Living In Cities Around Brooklyn Park
The cost of living varies in the cities and towns around Brooklyn Park. 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, 1.2x Brooklyn Park.
Maple Grove, MN has a cost of living index of 117, 1.1x Brooklyn Park.
Eden Prairie, MN has a cost of living index of 121, 1.2x Brooklyn Park.
| City | Population | Cost Of Living | Vs. Brooklyn Park |
|---|---|---|---|
| Plymouth, MN | 80,034 | 122 | 1.2x |
| Maple Grove, MN | 69,900 | 117 | 1.1x |
| Eden Prairie, MN | 64,048 | 121 | 1.2x |
| Coon Rapids, MN | 63,269 | 102 | 1.0x |
| Minnetonka, MN | 53,809 | 121 | 1.2x |
| Edina, MN | 53,059 | 135 | 1.3x |
| Brooklyn Center, MN | 33,298 | 100 | 1.0x |
| Fridley, MN | 29,422 | 103 | 1.0x |
| Shoreview, MN | 26,871 | 110 | 1.0x |
| Champlin, MN | 23,877 | 110 | 1.0x |
