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.
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:
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 |
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 |
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 |
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 |
Item | Burnsville | Minnesota |
---|---|---|
Optometrist | $89.59 | $108.57 |
Doctor | $147.85 | $116.17 |
Dentist | $86.94 | $99.13 |
Item | Burnsville | Minnesota |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $58.37 | $50.07 |
Item | Burnsville | Minnesota |
---|---|---|
All Electricity | $160.63 | $167.67 |
Phone | $180.98 | $175.64 |
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 |