Cost of living in Minnetrista 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 Minnetrista 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 Minnetrista is 146, with 100 being the average.
The cost of living index in Minnetrista is 1.5x higher than the national average.
Minnetrista ranks as the #144 cheapest in Minnesota out of 147.
Minnetrista ranks as the #5,742 cheapest out of 6,412 in the US.
The median home value in Minnetrista is $480,700.
The median income in Minnetrista is $153,546.
According to the most recent data on the cost of living, Minnetrista has an overall cost of living index of 146, which is 1.5x higher than the national index of 100.
Compared to Minnesota, Minnetrista has a cost of living index that's 1.5x higher than Minnesota's index of 95.
The standard of living in Minnetrista ranks as #144 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Minnetrista ranks as the #3 most expensive place in the North Star State.
For more reading on life in Minnetrista, check out:
Six factors go into calculating the cost of living index in Minnetrista. Here is how it fairs on each of the criteria:
The Services index in Minnetrista is 112.
The Groceries index in Minnetrista is 102.
The Health index in Minnetrista is 100.
The Housing index in Minnetrista is 234.
The Transportation index in Minnetrista is 102.
The Utilities index in Minnetrista is 96.
Living Expense | Minnetrista | Minnesota | National Average | |
---|---|---|---|---|
Overall | 146 | 95 | 100 | |
Services | 112 | 101 | 100 | |
Groceries | 102 | 98 | 100 | |
Health | 100 | 111 | 100 | |
Housing | 234 | 83 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 96 | 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 Minnetrista is $480,700.
The Median Rent in Minnetrista is $1,980.
The Median Income in Minnetrista is $153,546.
The Home Value To Income in Minnetrista is 3.1x.
The Rent To Monthly Income in Minnetrista is 0.15x.
Statistic | Minnetrista | Minnesota | United States |
---|---|---|---|
Median Home Value | $480,700 | $250,200 | $244,900 |
Median Rent | $1,980 | $1,081 | $1,163 |
Median Income | $153,546 | $77,706 | $69,021 |
Home Value To Income | 3.1x | 3.2x | 3.5x |
Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Item | Minnetrista | 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 | Minnetrista | 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 | Minnetrista | Minnesota |
---|---|---|
Optometrist | $89.59 | $108.57 |
Doctor | $147.85 | $116.17 |
Dentist | $86.94 | $99.13 |
Item | Minnetrista | Minnesota |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $58.37 | $50.07 |
Item | Minnetrista | Minnesota |
---|---|---|
All Electricity | $160.63 | $167.67 |
Phone | $180.98 | $175.64 |
The cost of living varies in the cities and towns around Minnetrista. 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, 0.8x Minnetrista.
Maple Grove, MN has a cost of living index of 117, 0.8x Minnetrista.
Eden Prairie, MN has a cost of living index of 121, 0.8x Minnetrista.
City | Population | Cost Of Living | Vs. Minnetrista |
---|---|---|---|
Plymouth, MN | 80,034 | 122 | 0.8x |
Maple Grove, MN | 69,900 | 117 | 0.8x |
Eden Prairie, MN | 64,048 | 121 | 0.8x |
Minnetonka, MN | 53,809 | 121 | 0.8x |
Edina, MN | 53,059 | 135 | 0.9x |
Golden Valley, MN | 22,247 | 116 | 0.8x |
Rogers, MN | 13,182 | 120 | 0.8x |
Victoria, MN | 10,361 | 128 | 0.9x |
Mound, MN | 9,365 | 110 | 0.8x |
Orono, MN | 8,252 | 157 | 1.1x |