Cost of living in Isanti 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 Isanti 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 Isanti is 98, with 100 being the average.
The cost of living index in Isanti is 1.0x lower than the national average.
Isanti ranks as the #37 cheapest in Minnesota out of 147.
Isanti ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Isanti is $199,900.
The median income in Isanti is $70,833.
According to the most recent data on the cost of living, Isanti has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Isanti has a cost of living index that's 1.0x higher than Minnesota's index of 95.
The standard of living in Isanti ranks as #37 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Isanti ranks as the #110 most expensive place in the North Star State.
For more reading on life in Isanti, check out:
Six factors go into calculating the cost of living index in Isanti. Here is how it fairs on each of the criteria:
The Services index in Isanti is 112.
The Groceries index in Isanti is 103.
The Health index in Isanti is 102.
The Housing index in Isanti is 79.
The Transportation index in Isanti is 102.
The Utilities index in Isanti is 95.
Living Expense | Isanti | Minnesota | National Average | |
---|---|---|---|---|
Overall | 98 | 95 | 100 | |
Services | 112 | 101 | 100 | |
Groceries | 103 | 98 | 100 | |
Health | 102 | 111 | 100 | |
Housing | 79 | 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 Isanti is $199,900.
The Median Rent in Isanti is $1,117.
The Median Income in Isanti is $70,833.
The Home Value To Income in Isanti is 2.8x.
The Rent To Monthly Income in Isanti is 0.19x.
Statistic | Isanti | Minnesota | United States |
---|---|---|---|
Median Home Value | $199,900 | $250,200 | $244,900 |
Median Rent | $1,117 | $1,081 | $1,163 |
Median Income | $70,833 | $77,706 | $69,021 |
Home Value To Income | 2.8x | 3.2x | 3.5x |
Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Isanti. Here's a quick look at the cost of living in the most populous nearby places:
Andover, MN has a cost of living index of 114, 1.2x Isanti.
Ramsey, MN has a cost of living index of 109, 1.1x Isanti.
Elk River, MN has a cost of living index of 106, 1.1x Isanti.
City | Population | Cost Of Living | Vs. Isanti |
---|---|---|---|
Andover, MN | 32,471 | 114 | 1.2x |
Ramsey, MN | 27,409 | 109 | 1.1x |
Elk River, MN | 25,467 | 106 | 1.1x |
Ham Lake, MN | 16,389 | 114 | 1.2x |
East Bethel, MN | 11,818 | 107 | 1.1x |
North Branch, MN | 10,742 | 99 | 1.0x |
Cambridge, MN | 9,454 | 97 | 1.0x |
Oak Grove, MN | 8,870 | 113 | 1.2x |
St. Francis, MN | 8,099 | 102 | 1.0x |
Wyoming, MN | 7,984 | 107 | 1.1x |