Cost of living in Zimmerman 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 Zimmerman 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 Zimmerman is 104, with 100 being the average.
The cost of living index in Zimmerman is 1.0x higher than the national average.
Zimmerman ranks as the #70 cheapest in Minnesota out of 147.
Zimmerman ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Zimmerman is $216,600.
The median income in Zimmerman is $75,584.
According to the most recent data on the cost of living, Zimmerman has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Minnesota, Zimmerman has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Zimmerman ranks as #70 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Zimmerman ranks as the #77 most expensive place in the North Star State.
For more reading on life in Zimmerman, check out:
Six factors go into calculating the cost of living index in Zimmerman. Here is how it fairs on each of the criteria:
The Services index in Zimmerman is 110.
The Groceries index in Zimmerman is 112.
The Health index in Zimmerman is 117.
The Housing index in Zimmerman is 90.
The Transportation index in Zimmerman is 101.
The Utilities index in Zimmerman is 102.
Living Expense | Zimmerman | Minnesota | National Average | |
---|---|---|---|---|
Overall | 104 | 95 | 100 | |
Services | 110 | 101 | 100 | |
Groceries | 112 | 98 | 100 | |
Health | 117 | 111 | 100 | |
Housing | 90 | 83 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 102 | 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 Zimmerman is $216,600.
The Median Rent in Zimmerman is $1,189.
The Median Income in Zimmerman is $75,584.
The Home Value To Income in Zimmerman is 2.9x.
The Rent To Monthly Income in Zimmerman is 0.19x.
Statistic | Zimmerman | Minnesota | United States |
---|---|---|---|
Median Home Value | $216,600 | $250,200 | $244,900 |
Median Rent | $1,189 | $1,081 | $1,163 |
Median Income | $75,584 | $77,706 | $69,021 |
Home Value To Income | 2.9x | 3.2x | 3.5x |
Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Zimmerman. Here's a quick look at the cost of living in the most populous nearby places:
Andover, MN has a cost of living index of 114, 1.1x Zimmerman.
Ramsey, MN has a cost of living index of 109, 1.0x Zimmerman.
Elk River, MN has a cost of living index of 106, 1.0x Zimmerman.
City | Population | Cost Of Living | Vs. Zimmerman |
---|---|---|---|
Andover, MN | 32,471 | 114 | 1.1x |
Ramsey, MN | 27,409 | 109 | 1.0x |
Elk River, MN | 25,467 | 106 | 1.0x |
Otsego, MN | 19,565 | 107 | 1.0x |
St. Michael, MN | 18,148 | 114 | 1.1x |
Anoka, MN | 17,749 | 102 | 1.0x |
Monticello, MN | 14,235 | 105 | 1.0x |
Rogers, MN | 13,182 | 120 | 1.2x |
East Bethel, MN | 11,818 | 107 | 1.0x |
Oak Grove, MN | 8,870 | 113 | 1.1x |