Anoka cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAnokaMinnesotaNational
Cost of living index101102100
IndexAnokaMinnesotaNational
Goods & Services index108106100
Groceries index106105100
Health care index106110100
Housing index94101100
Transportation index10198100
Utilities index9691100
Here we can see a simple outline of the cost of living in Anoka, MN. As you can see, with the average cost of living in Anoka, MN being 101, that puts it 1% lower than the average of Minnesota and 1% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Anoka, MN, the price of goods and services are 1% higher than the average of Minnesota as well as 8% higher than the nation's average.

Did you know?

  • The cost of living in Anoka is 1% lower than the Minnesota average.
  • The cost of living in Anoka is 1% higher than the national average.
  • The cost of housing in Anoka is 6% lower than the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

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Compare Anoka, MN Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
Housing index
Transportation index
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Use the salary calculator to compare your current income in Anoka, MN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Anoka, MN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Anoka, MN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,927$5,911$1,655$2,128
Renters$29,747$2,479$694$892
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Anoka, MN, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Anoka, MN has a median income of about $70,927 for people who own homes. Based on that number, a person should spend a maximum of $1,655 on expenses related to housing. Renters have a slightly different median income, which is $29,747. Based on this average, renters should spend no more than $694 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax
Minnesota6.875%7.875%

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
Minnesota5.35%9.85%
When you are determining the total cost of living in Anoka, MN you will want to make sure you consider both the Minnesota sales tax and the Minnesota income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Minnesota is 6.875%, with the highest surtax being 7.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Minnesota have a range from 5.35% to 9.85%.

Goods & Services

ItemAnokaNational avg.Difference
Haircut $24.24$15.5655.8%
Beauty Salon $34.24$36.115.2%
Toothpaste $3.32$2.4734.4%
Shampoo $1.04$0.967.4%
Movie $9.88$10.132.4%
Bowling $4.12$4.7413.1%

Groceries

ItemAnokaNational avg.Difference
Ground Beef $4.14$3.984.0%
Fried Chicken $2.00$1.4142.1%
Milk $2.23$2.068.1%
Potatoes $3.30$2.9810.5%
Pizza $10.53$9.4711.1%
Beer $8.81$8.790.2%

Health Care

ItemAnokaNational avg.Difference
Optometrist $81.38$101.0419.5%
Doctor $133.98$107.4424.7%
Dentist $85.91$90.425.0%
Ibuprofen $11.82$9.2827.4%
Lipitor $416.78$426.502.3%

Housing

ItemAnokaNational avg.Difference
Home Price $166,800.00$175,700.005.1%
Avg. Mortgage Payment $1,198.63$1,133.235.8%
Apartment Rent $848.00$920.007.8%

Transportation

ItemAnokaNational avg.Difference
Gasoline $1.84$1.997.7%
Tire Balancing $55.26$45.7620.8%

Utilities

ItemAnokaNational avg.Difference
All Electricity$167.80$163.812.4%
Phone $24.99$28.3912.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Hilltop, MN82881-19%
Brooklyn Center, MN30,54998-2%
Lexington, MN2,01999-1%
Columbia Heights, MN19,6051000%
Osseo, MN2,4801011%
Anoka, MN17,2021011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Four Corners, OR17,2021044%
Oak Grove, OR17,20211818%
Farmington, MO17,21389-11%
Poplar Bluff, MO17,19079-21%
Horizon West, FL17,22211111%
Anoka, MN17,2021011%
Source: The Anoka, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.