Cottage Grove 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.
IndexCottage GroveMinnesotaNational
Cost of living index108102100
IndexCottage GroveMinnesotaNational
Goods & Services index109107100
Groceries index105107100
Health care index103108100
Housing index117101100
Transportation index10298100
Utilities index9187100
An overview of the general cost of living index for Cottage Grove, MN is displayed above for your reference. Residents in Cottage Grove, MN enjoy a cost of living index of 108. This index is 6% higher than the Minnesota average, and 8% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Cottage Grove, MN, the average cost of goods and services is 2% higher than it is in Minnesota, and it is 9% higher than the national average.

Did you know?

  • The cost of living in Cottage Grove is 6% higher than the Minnesota average.
  • The cost of living in Cottage Grove is 8% higher than the national average.
  • The cost of housing in Cottage Grove is 17% 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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Salary Calculator

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Use the salary calculator to compare your current income in Cottage Grove, 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 Cottage Grove, MN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Cottage Grove, 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)
One can approximate the cost of living and the housing affordability in Cottage Grove, MN by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Cottage Grove, MN have a median income of $88,426. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,063 per month to avoid calamity and poverty. The renters in the city have an income of about $40,000, which would make their monthly maximum allowable rental costs $933.

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Cottage Grove, MN, it's important to take into account the sales tax for Minnesota, as well as the rate for income tax in Minnesota. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Minnesota is 7.875%, and the sales tax in the state of Minnesota is 6.875%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Minnesota starts from 5.35% and goes up to 9.85%.

Goods & Services

ItemCottage GroveNational avg.Difference
Haircut $22.74$14.5955.8%
Beauty Salon $33.43$34.683.6%
Toothpaste $3.44$2.4739.1%
Shampoo $1.05$1.022.7%
Movie $9.88$9.870.1%
Bowling $4.16$4.395.3%


ItemCottage GroveNational avg.Difference
Ground Beef $3.76$4.4816.0%
Fried Chicken $1.92$1.4631.1%
Milk $2.24$2.365.0%
Potatoes $3.22$3.065.2%
Pizza $10.57$9.2414.4%
Beer $8.66$8.630.3%

Health Care

ItemCottage GroveNational avg.Difference
Optometrist $81.89$99.7817.9%
Doctor $131.17$105.0324.9%
Dentist $86.82$88.702.1%
Ibuprofen $11.79$9.4125.3%
Lipitor $250.88$298.5016.0%


ItemCottage GroveNational avg.Difference
Home Price $204,600.00$175,700.0016.4%
Avg. Mortgage Payment $1,173.84$1,081.038.6%
Apartment Rent $1,098.00$920.0019.3%


ItemCottage GroveNational avg.Difference
Gasoline $1.97$2.095.8%
Tire Balancing $55.48$45.2922.5%


ItemCottage GroveNational avg.Difference
All Electricity$158.73$170.807.1%
Phone $24.99$28.2611.6%
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, MN79679-21%
St. Paul Park, MN5,32799-1%
Newport, MN3,4551000%
South St. Paul, MN20,3681011%
River Falls, WI15,0501011%
Cottage Grove, MN35,1691088%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
San Juan, TX35,18370-30%
Columbia, TN35,20789-11%
University City, MO35,2261033%
Schertz, TX35,09396-4%
Merrillville, IN35,26299-1%
Cottage Grove, MN35,1691088%
Source: The Cottage Grove, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.