Cost of living in Stewartville 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 Stewartville 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 Stewartville is 100, with 100 being the average.
The cost of living index in Stewartville is 1.0x lower than the national average.
Stewartville ranks as the #43 cheapest in Minnesota out of 148.
Stewartville ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Stewartville is $329,657.
The median income in Stewartville is $65,714.
According to the most recent data on the cost of living, Stewartville has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Stewartville has a cost of living index that's 1.0x higher than Minnesota's index of 97.
The standard of living in Stewartville ranks as #43 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Stewartville ranks as the #105 most expensive place in the North Star State.
For more reading on life in Stewartville, check out:
Six factors go into calculating the cost of living index in Stewartville. Here is how it fairs on each of the criteria:
The Services index in Stewartville is 98.
The Groceries index in Stewartville is 96.
The Health index in Stewartville is 101.
The Housing index in Stewartville is 101.
The Transportation index in Stewartville is 95.
The Utilities index in Stewartville is 103.
| Living Expense | Stewartville | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 100 | 97 | 100 | |
| Services | 98 | 101 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 101 | 110 | 100 | |
| Housing | 101 | 100 | 100 | |
| Transportation | 95 | 95 | 100 | |
| Utilities | 103 | 94 | 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 2019-2023. The key points are:
The Median Home Value in Stewartville is $329,657.
The Median Rent in Stewartville is $975.
The Median Income in Stewartville is $65,714.
The Home Value To Income in Stewartville is 5.0x.
The Rent To Monthly Income in Stewartville is 0.18x.
| Statistic | Stewartville | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $329,657 | $344,484 | $303,400 |
| Median Rent | $975 | $1,235 | $1,348 |
| Median Income | $65,714 | $87,556 | $78,538 |
| Home Value To Income | 5.0x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.21x |
| Item | Stewartville | Minnesota |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $10.32 | $12.13 |
| Bowling | $10.28 | $18 |
| Haircut | $32.91 | $24.26 |
| Beauty Salon | $35.27 | $45.56 |
| Item | Stewartville | Minnesota |
|---|---|---|
| Ground Beef | $5.27 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.94 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
| Item | Stewartville | Minnesota |
|---|---|---|
| Optometrist | $87.93 | $125.68 |
| Doctor | $153.18 | $135.78 |
| Dentist | $105.03 | $113.29 |
| Item | Stewartville | Minnesota |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.83 | $59.92 |
| Item | Stewartville | Minnesota |
|---|---|---|
| All Electricity | $209.45 | $193.99 |
| Phone | $187.72 | $192.25 |
The cost of living varies in the cities and towns around Stewartville. Here's a quick look at the cost of living in the most populous nearby places:
Rochester, MN has a cost of living index of 104, 1.0x Stewartville.
Owatonna, MN has a cost of living index of 96, 1.0x Stewartville.
Austin, MN has a cost of living index of 92, 0.9x Stewartville.
| City | Population | Cost Of Living | Vs. Stewartville |
|---|---|---|---|
| Rochester, MN | 121,638 | 104 | 1.0x |
| Owatonna, MN | 26,462 | 96 | 1.0x |
| Austin, MN | 26,167 | 92 | 0.9x |
| Winona, MN | 25,998 | 96 | 1.0x |
| Faribault, MN | 24,458 | 96 | 1.0x |
| Albert Lea, MN | 18,379 | 86 | 0.9x |
| Kasson, MN | 6,964 | 95 | 0.9x |
| Byron, MN | 6,510 | 106 | 1.1x |