Dayton, MN Cost Of Living
Cost Of Living In Dayton, MN Summary
Cost of living in Dayton 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 Dayton 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 Dayton is 111, with 100 being the average.
The cost of living index in Dayton is 1.1x higher than the national average.
Dayton ranks as the #109 cheapest in Minnesota out of 147.
Dayton ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Dayton is $400,000.
The median income in Dayton is $119,741.
Table Of Contents
Dayton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Dayton, MN?
According to the most recent data on the cost of living, Dayton has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Dayton has a cost of living index that's 1.2x higher than Minnesota's index of 95.
The standard of living in Dayton ranks as #109 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Dayton ranks as the #38 most expensive place in the North Star State.
For more reading on life in Dayton, check out:
- Living In Dayton
- Dayton Crime Report
- Search Homes For Sale In Dayton, MN
In Minnesota
In America
Dayton Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Dayton. Here is how it fairs on each of the criteria:
The Services index in Dayton is 112.
The Groceries index in Dayton is 102.
The Health index in Dayton is 103.
The Housing index in Dayton is 120.
The Transportation index in Dayton is 103.
The Utilities index in Dayton is 98.
| Living Expense | Dayton | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 111 | 95 | 100 | |
| Services | 112 | 101 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 103 | 111 | 100 | |
| Housing | 120 | 83 | 100 | |
| Transportation | 103 | 98 | 100 | |
| Utilities | 98 | 95 | 100 | |
Dayton, 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 Dayton is $400,000.
The Median Rent in Dayton is $1,227.
The Median Income in Dayton is $119,741.
The Home Value To Income in Dayton is 3.3x.
The Rent To Monthly Income in Dayton is 0.12x.
| Statistic | Dayton | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $400,000 | $250,200 | $244,900 |
| Median Rent | $1,227 | $1,081 | $1,163 |
| Median Income | $119,741 | $77,706 | $69,021 |
| Home Value To Income | 3.3x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Dayton, MN Costs By Category
Detailed Dayton Services Costs Vs. Minnesota
Detailed Dayton Groceries Costs Vs. Minnesota
Detailed Dayton Health Costs Vs. Minnesota
Detailed Dayton Transportation Costs Vs. Minnesota
Detailed Dayton Utilities Costs Vs. Minnesota
Dayton SnackAbility
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Cost Of Living In Cities Around Dayton
The cost of living varies in the cities and towns around Dayton. 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, 0.9x Dayton.
Plymouth, MN has a cost of living index of 122, 1.1x Dayton.
Maple Grove, MN has a cost of living index of 117, 1.1x Dayton.
| City | Population | Cost Of Living | Vs. Dayton |
|---|---|---|---|
| Brooklyn Park, MN | 85,247 | 105 | 0.9x |
| Plymouth, MN | 80,034 | 122 | 1.1x |
| Maple Grove, MN | 69,900 | 117 | 1.1x |
| Coon Rapids, MN | 63,269 | 102 | 0.9x |
| Minnetonka, MN | 53,809 | 121 | 1.1x |
| Andover, MN | 32,471 | 114 | 1.0x |
| Ramsey, MN | 27,409 | 109 | 1.0x |
| Shoreview, MN | 26,871 | 110 | 1.0x |
| Champlin, MN | 23,877 | 110 | 1.0x |
| Golden Valley, MN | 22,247 | 116 | 1.0x |
