Oakdale, MN Cost Of Living
Cost Of Living In Oakdale, MN Summary
Cost of living in Oakdale 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 Oakdale 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 Oakdale is 108, with 100 being the average.
The cost of living index in Oakdale is 1.1x higher than the national average.
Oakdale ranks as the #95 cheapest in Minnesota out of 147.
Oakdale ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Oakdale is $244,900.
The median income in Oakdale is $78,586.
Table Of Contents
Oakdale's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oakdale, MN?
According to the most recent data on the cost of living, Oakdale has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Oakdale has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Oakdale ranks as #95 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Oakdale ranks as the #52 most expensive place in the North Star State.
For more reading on life in Oakdale, check out:
- Living In Oakdale
- Oakdale Crime Report
- Search Homes For Sale In Oakdale, MN
In Minnesota
In America
Oakdale Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Oakdale. Here is how it fairs on each of the criteria:
The Services index in Oakdale is 114.
The Groceries index in Oakdale is 102.
The Health index in Oakdale is 102.
The Housing index in Oakdale is 110.
The Transportation index in Oakdale is 101.
The Utilities index in Oakdale is 98.
| Living Expense | Oakdale | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 108 | 95 | 100 | |
| Services | 114 | 101 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 102 | 111 | 100 | |
| Housing | 110 | 83 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 98 | 95 | 100 | |
Oakdale, 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 Oakdale is $244,900.
The Median Rent in Oakdale is $1,138.
The Median Income in Oakdale is $78,586.
The Home Value To Income in Oakdale is 3.1x.
The Rent To Monthly Income in Oakdale is 0.17x.
| Statistic | Oakdale | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $244,900 | $250,200 | $244,900 |
| Median Rent | $1,138 | $1,081 | $1,163 |
| Median Income | $78,586 | $77,706 | $69,021 |
| Home Value To Income | 3.1x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Oakdale, MN Costs By Category
Detailed Oakdale Services Costs Vs. Minnesota
Detailed Oakdale Groceries Costs Vs. Minnesota
Detailed Oakdale Health Costs Vs. Minnesota
Detailed Oakdale Transportation Costs Vs. Minnesota
Detailed Oakdale Utilities Costs Vs. Minnesota
Oakdale SnackAbility
/10
Cost Of Living In Cities Around Oakdale
The cost of living varies in the cities and towns around Oakdale. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 122, 1.1x Oakdale.
Eagan, MN has a cost of living index of 112, 1.0x Oakdale.
Maplewood, MN has a cost of living index of 104, 1.0x Oakdale.
| City | Population | Cost Of Living | Vs. Oakdale |
|---|---|---|---|
| Woodbury, MN | 74,014 | 122 | 1.1x |
| Eagan, MN | 68,205 | 112 | 1.0x |
| Maplewood, MN | 41,673 | 104 | 1.0x |
| Cottage Grove, MN | 38,582 | 111 | 1.0x |
| Richfield, MN | 36,899 | 104 | 1.0x |
| Shoreview, MN | 26,871 | 110 | 1.0x |
| Rosemount, MN | 25,513 | 113 | 1.0x |
| White Bear Lake, MN | 24,520 | 107 | 1.0x |
| Golden Valley, MN | 22,247 | 116 | 1.1x |
| North St. Paul, MN | 12,395 | 101 | 0.9x |
