Cost of living in Delano 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 Delano 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 Delano is 109, with 100 being the average.
The cost of living index in Delano is 1.1x higher than the national average.
Delano ranks as the #98 cheapest in Minnesota out of 147.
Delano ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Delano is $278,700.
The median income in Delano is $93,531.
According to the most recent data on the cost of living, Delano has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Delano has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Delano ranks as #98 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Delano ranks as the #49 most expensive place in the North Star State.
For more reading on life in Delano, check out:
Six factors go into calculating the cost of living index in Delano. Here is how it fairs on each of the criteria:
The Services index in Delano is 112.
The Groceries index in Delano is 105.
The Health index in Delano is 101.
The Housing index in Delano is 112.
The Transportation index in Delano is 102.
The Utilities index in Delano is 98.
Living Expense | Delano | Minnesota | National Average | |
---|---|---|---|---|
Overall | 109 | 95 | 100 | |
Services | 112 | 101 | 100 | |
Groceries | 105 | 98 | 100 | |
Health | 101 | 111 | 100 | |
Housing | 112 | 83 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 98 | 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 Delano is $278,700.
The Median Rent in Delano is $934.
The Median Income in Delano is $93,531.
The Home Value To Income in Delano is 3.0x.
The Rent To Monthly Income in Delano is 0.12x.
Statistic | Delano | Minnesota | United States |
---|---|---|---|
Median Home Value | $278,700 | $250,200 | $244,900 |
Median Rent | $934 | $1,081 | $1,163 |
Median Income | $93,531 | $77,706 | $69,021 |
Home Value To Income | 3.0x | 3.2x | 3.5x |
Rent To Monthly Income | 0.12x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Delano. 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, 1.1x Delano.
Maple Grove, MN has a cost of living index of 117, 1.1x Delano.
Minnetonka, MN has a cost of living index of 121, 1.1x Delano.
City | Population | Cost Of Living | Vs. Delano |
---|---|---|---|
Plymouth, MN | 80,034 | 122 | 1.1x |
Maple Grove, MN | 69,900 | 117 | 1.1x |
Minnetonka, MN | 53,809 | 121 | 1.1x |
Chanhassen, MN | 25,646 | 125 | 1.1x |
Rogers, MN | 13,182 | 120 | 1.1x |
Victoria, MN | 10,361 | 128 | 1.2x |
Mound, MN | 9,365 | 110 | 1.0x |
Minnetrista, MN | 8,215 | 146 | 1.3x |
Shorewood, MN | 7,779 | 134 | 1.2x |
Corcoran, MN | 6,317 | 125 | 1.1x |