Apple Valley 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.
IndexApple ValleyMinnesotaNational
Cost of living index109102100
IndexApple ValleyMinnesotaNational
Goods & Services index108106100
Groceries index104105100
Health care index106110100
Housing index122101100
Transportation index9798100
Utilities index9491100
Here we can see a simple outline of the cost of living in Apple Valley, MN. As you can see, with the average cost of living in Apple Valley, MN being 109, that puts it 7% higher than the average of Minnesota and 9% 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 Apple Valley, 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 Apple Valley is 7% higher than the Minnesota average.
  • The cost of living in Apple Valley is 9% higher than the national average.
  • The cost of housing in Apple Valley is 22% higher 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 Apple Valley, MN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Apple Valley, MN to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Apple Valley, MN, then you would need to earn more income in order to maintain the same standard of living. To use the Apple Valley, MN salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$91,907$7,659$2,144$2,757
Renters$43,631$3,636$1,018$1,309
If you want to find a good determining factor for the cost of living and the general affordability of housing in Apple Valley, MN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Apple Valley, MN, the median monthly income is $91,907 for those who own their own homes. Under the standard rule, that income level would allow for $2,144 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,631, per the median income in the area. That would allow for renters to spend up to $1,018 on monthly rental expenses.

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 assessing the complete cost of living in Apple Valley, MN, the Minnesota income tax and the Minnesota sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Minnesota maximum surtax is 7.875%, and the Minnesota sales tax is 6.875%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 5.35% to 9.85% in Minnesota.

Goods & Services

ItemApple ValleyNational avg.Difference
Haircut $24.91$15.5660.0%
Beauty Salon $33.76$36.116.5%
Toothpaste $3.41$2.4737.8%
Shampoo $1.04$0.967.8%
Movie $9.85$10.132.8%
Bowling $4.06$4.7414.2%

Groceries

ItemApple ValleyNational avg.Difference
Ground Beef $4.07$3.982.2%
Fried Chicken $1.94$1.4137.9%
Milk $2.17$2.065.0%
Potatoes $3.19$2.987.0%
Pizza $10.59$9.4711.8%
Beer $8.92$8.791.4%

Health Care

ItemApple ValleyNational avg.Difference
Optometrist $81.20$101.0419.6%
Doctor $134.89$107.4425.5%
Dentist $87.31$90.423.4%
Ibuprofen $11.78$9.2827.0%
Lipitor $406.73$426.504.6%

Housing

ItemApple ValleyNational avg.Difference
Home Price $215,700.00$175,700.0022.8%
Avg. Mortgage Payment $1,182.68$1,133.234.4%
Apartment Rent $1,120.00$920.0021.7%

Transportation

ItemApple ValleyNational avg.Difference
Gasoline $1.85$1.997.0%
Tire Balancing $48.94$45.767.0%

Utilities

ItemApple ValleyNational avg.Difference
All Electricity$162.69$163.810.7%
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.
Landfall, MN79678-22%
St. Paul Park, MN5,32799-1%
Newport, MN3,4551000%
South St. Paul, MN20,3681000%
West St. Paul, MN19,6901011%
Apple Valley, MN49,9111099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
West Sacramento, CA49,94611515%
Pinellas Park, FL49,87491-9%
Palm Desert, CA49,95312525%
Troy, NY49,9651011%
Wheaton, MD49,83113030%
Apple Valley, MN49,9111099%
Source: The Apple Valley, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.