Cost of living in Maple Grove 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 Maple Grove 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 Maple Grove is 117, with 100 being the average.
The cost of living index in Maple Grove is 1.2x higher than the national average.
Maple Grove ranks as the #127 cheapest in Minnesota out of 147.
Maple Grove ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Maple Grove is $324,500.
The median income in Maple Grove is $118,479.
According to the most recent data on the cost of living, Maple Grove has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Maple Grove has a cost of living index that's 1.2x higher than Minnesota's index of 95.
The standard of living in Maple Grove ranks as #127 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Maple Grove ranks as the #20 most expensive place in the North Star State.
For more reading on life in Maple Grove, check out:
Six factors go into calculating the cost of living index in Maple Grove. Here is how it fairs on each of the criteria:
The Services index in Maple Grove is 112.
The Groceries index in Maple Grove is 104.
The Health index in Maple Grove is 100.
The Housing index in Maple Grove is 141.
The Transportation index in Maple Grove is 100.
The Utilities index in Maple Grove is 98.
Living Expense | Maple Grove | Minnesota | National Average | |
---|---|---|---|---|
Overall | 117 | 95 | 100 | |
Services | 112 | 101 | 100 | |
Groceries | 104 | 98 | 100 | |
Health | 100 | 111 | 100 | |
Housing | 141 | 83 | 100 | |
Transportation | 100 | 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 Maple Grove is $324,500.
The Median Rent in Maple Grove is $1,700.
The Median Income in Maple Grove is $118,479.
The Home Value To Income in Maple Grove is 2.7x.
The Rent To Monthly Income in Maple Grove is 0.17x.
Statistic | Maple Grove | Minnesota | United States |
---|---|---|---|
Median Home Value | $324,500 | $250,200 | $244,900 |
Median Rent | $1,700 | $1,081 | $1,163 |
Median Income | $118,479 | $77,706 | $69,021 |
Home Value To Income | 2.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Item | Maple Grove | 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 | Maple Grove | 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 | Maple Grove | Minnesota |
---|---|---|
Optometrist | $89.59 | $108.57 |
Doctor | $147.85 | $116.17 |
Dentist | $86.94 | $99.13 |
Item | Maple Grove | Minnesota |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $58.37 | $50.07 |
Item | Maple Grove | Minnesota |
---|---|---|
All Electricity | $160.63 | $167.67 |
Phone | $180.98 | $175.64 |
The cost of living varies in the cities and towns around Maple Grove. 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 Maple Grove.
Plymouth, MN has a cost of living index of 122, 1.0x Maple Grove.
Eden Prairie, MN has a cost of living index of 121, 1.0x Maple Grove.
City | Population | Cost Of Living | Vs. Maple Grove |
---|---|---|---|
Brooklyn Park, MN | 85,247 | 105 | 0.9x |
Plymouth, MN | 80,034 | 122 | 1.0x |
Eden Prairie, MN | 64,048 | 121 | 1.0x |
Minnetonka, MN | 53,809 | 121 | 1.0x |
Edina, MN | 53,059 | 135 | 1.2x |
Shoreview, MN | 26,871 | 110 | 0.9x |
Champlin, MN | 23,877 | 110 | 0.9x |
Crystal, MN | 23,143 | 102 | 0.9x |
Golden Valley, MN | 22,247 | 116 | 1.0x |
New Hope, MN | 21,683 | 106 | 0.9x |