Cost of living in Winona 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 Winona 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 Winona is 94, with 100 being the average.
The cost of living index in Winona is 0.9x lower than the national average.
Winona ranks as the #21 cheapest in Minnesota out of 147.
Winona ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Winona is $159,400.
The median income in Winona is $48,662.
According to the most recent data on the cost of living, Winona has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Minnesota, Winona has a cost of living index that's 1.0x lower than Minnesota's index of 95.
The standard of living in Winona ranks as #21 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Winona ranks as the #126 most expensive place in the North Star State.
For more reading on life in Winona, check out:
Six factors go into calculating the cost of living index in Winona. Here is how it fairs on each of the criteria:
The Services index in Winona is 103.
The Groceries index in Winona is 94.
The Health index in Winona is 110.
The Housing index in Winona is 72.
The Transportation index in Winona is 103.
The Utilities index in Winona is 104.
Living Expense | Winona | Minnesota | National Average | |
---|---|---|---|---|
Overall | 94 | 95 | 100 | |
Services | 103 | 101 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 110 | 111 | 100 | |
Housing | 72 | 83 | 100 | |
Transportation | 103 | 98 | 100 | |
Utilities | 104 | 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 Winona is $159,400.
The Median Rent in Winona is $721.
The Median Income in Winona is $48,662.
The Home Value To Income in Winona is 3.3x.
The Rent To Monthly Income in Winona is 0.18x.
Statistic | Winona | Minnesota | United States |
---|---|---|---|
Median Home Value | $159,400 | $250,200 | $244,900 |
Median Rent | $721 | $1,081 | $1,163 |
Median Income | $48,662 | $77,706 | $69,021 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Winona. 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 95, 1.0x Winona.
La Crosse, WI has a cost of living index of 91, 1.0x Winona.
Onalaska, WI has a cost of living index of 98, 1.0x Winona.
City | Population | Cost Of Living | Vs. Winona |
---|---|---|---|
Rochester, MN | 119,732 | 95 | 1.0x |
La Crosse, WI | 52,505 | 91 | 1.0x |
Onalaska, WI | 18,760 | 98 | 1.0x |
Holmen, WI | 10,613 | 100 | 1.1x |
Sparta, WI | 9,955 | 85 | 0.9x |
Stewartville, MN | 6,620 | 94 | 1.0x |