Burnsville, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Burnsville, MN Summary

Cost of living in Burnsville 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 Burnsville 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 Burnsville is 110, with 100 being the average.

  • The cost of living index in Burnsville is 1.1x higher than the national average.

  • Burnsville ranks as the #103 cheapest in Minnesota out of 147.

  • Burnsville ranks as the #4,128 cheapest out of 6,412 in the US.

  • The median home value in Burnsville is $275,500.

  • The median income in Burnsville is $79,059.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
110
Burnsville's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Burnsville, MN?

According to the most recent data on the cost of living, Burnsville has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Burnsville has a cost of living index that's 1.2x higher than Minnesota's index of 95.

The standard of living in Burnsville ranks as #103 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Burnsville ranks as the #44 most expensive place in the North Star State.

For more reading on life in Burnsville, check out:

103 out of 147
In Minnesota
4,128 out of 6,412
In America

Burnsville Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Burnsville. Here is how it fairs on each of the criteria:

  • The Services index in Burnsville is 110.

  • The Groceries index in Burnsville is 102.

  • The Health index in Burnsville is 101.

  • The Housing index in Burnsville is 116.

  • The Transportation index in Burnsville is 102.

  • The Utilities index in Burnsville is 95.

Living Expense Burnsville Minnesota National Average
Overall 110 95 100
Services 110 101 100
Groceries 102 98 100
Health 101 111 100
Housing 116 83 100
Transportation 102 98 100
Utilities 95 95 100
For more reading on cost of living around Minnesota, check out:
Burnsville Cost of Living Vs. MN

Burnsville, 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 Burnsville is $275,500.

  • The Median Rent in Burnsville is $1,331.

  • The Median Income in Burnsville is $79,059.

  • The Home Value To Income in Burnsville is 3.5x.

  • The Rent To Monthly Income in Burnsville is 0.2x.

Statistic Burnsville Minnesota United States
Median Home Value $275,500 $250,200 $244,900
Median Rent $1,331 $1,081 $1,163
Median Income $79,059 $77,706 $69,021
Home Value To Income 3.5x 3.2x 3.5x
Rent To Monthly Income 0.2x 0.17x 0.2x
Search Homes For Sale In Burnsville, MN
$275,500
Median Home Value
$1,331
Median Rent
$79,059
Median Income

Burnsville, MN Costs By Category

Detailed Burnsville Services Costs Vs. Minnesota

Item Burnsville 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 Burnsville Groceries Costs Vs. Minnesota

Item Burnsville 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 Burnsville Health Costs Vs. Minnesota

Item Burnsville Minnesota
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed Burnsville Transportation Costs Vs. Minnesota

Item Burnsville Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07

Detailed Burnsville Utilities Costs Vs. Minnesota

Item Burnsville Minnesota
All Electricity $160.63 $167.67
Phone $180.98 $175.64

Burnsville SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
6
Diversity
8.5
Safety
5
Amenities
9
Education
8.5
Commute
8

Cost Of Living In Cities Around Burnsville

The cost of living varies in the cities and towns around Burnsville. Here's a quick look at the cost of living in the most populous nearby places:

  • Bloomington, MN has a cost of living index of 107, 1.0x Burnsville.

  • Plymouth, MN has a cost of living index of 122, 1.1x Burnsville.

  • Woodbury, MN has a cost of living index of 122, 1.1x Burnsville.

City Population Cost Of Living Vs. Burnsville
Bloomington, MN 89,436 107 1.0x
Plymouth, MN 80,034 122 1.1x
Woodbury, MN 74,014 122 1.1x
Lakeville, MN 69,026 116 1.1x
Eagan, MN 68,205 112 1.0x
Eden Prairie, MN 64,048 121 1.1x
Apple Valley, MN 55,237 112 1.0x
Minnetonka, MN 53,809 121 1.1x
Edina, MN 53,059 135 1.2x
Shakopee, MN 43,396 108 1.0x

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