Crookston 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.
IndexCrookstonMinnesotaNational
Cost of living index87102100
IndexCrookstonMinnesotaNational
Goods & Services index96107100
Groceries index101107100
Health care index114108100
Housing index60101100
Transportation index9598100
Utilities index9987100
An overview of the general cost of living index for Crookston, MN is displayed above for your reference. Residents in Crookston, MN enjoy a cost of living index of 87. This index is 15% lower than the Minnesota average, and 13% lower 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 Crookston, MN, the average cost of goods and services is 10% lower than it is in Minnesota, and it is 4% lower than the national average.

Did you know?

  • The cost of living in Crookston is 15% lower than the Minnesota average.
  • The cost of living in Crookston is 13% lower than the national average.
  • The cost of housing in Crookston is 40% 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.

Find Real Estate Listings In Crookston

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Crookston

Compare Crookston, MN Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Crookston, MN would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Crookston, MN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Crookston, MN salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$61,429$5,119$1,433$1,843
Renters$19,534$1,628$456$586
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Crookston, MN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Crookston, MN homeowners, is $61,429. This would allow for a maximum of $1,433 per month to be spent on housing costs. For renters, the median monthly income is $19,534 which would result in a maximum of $456 to be spent on rental costs.

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%
One thing to keep in mind when considering the cost of living in Crookston, MN is the Minnesota sales tax and Minnesota income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Minnesota sales tax rate is 6.875% and the maximum surtax that can be charged is 7.875%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Minnesota income tax rates range from 5.35% to 9.85%.

Goods & Services

ItemCrookstonNational avg.Difference
Haircut $15.15$14.593.8%
Beauty Salon $27.25$34.6821.4%
Toothpaste $2.31$2.476.6%
Shampoo $1.03$1.020.8%
Movie $10.00$9.871.3%
Bowling $3.67$4.3916.4%

Groceries

ItemCrookstonNational avg.Difference
Ground Beef $3.98$4.4811.1%
Fried Chicken $1.78$1.4621.6%
Milk $2.94$2.3624.8%
Potatoes $2.25$3.0626.5%
Pizza $8.00$9.2413.4%
Beer $9.14$8.635.9%

Health Care

ItemCrookstonNational avg.Difference
Optometrist $79.40$99.7820.4%
Doctor $152.00$105.0344.7%
Dentist $95.00$88.707.1%
Ibuprofen $8.18$9.4113.1%
Lipitor $321.67$298.507.8%

Housing

ItemCrookstonNational avg.Difference
Home Price $104,500.00$175,700.0040.5%
Avg. Mortgage Payment $980.39$1,081.039.3%
Apartment Rent $553.00$920.0039.9%

Transportation

ItemCrookstonNational avg.Difference
Gasoline $1.90$2.099.2%
Tire Balancing $48.96$45.298.1%

Utilities

ItemCrookstonNational avg.Difference
All Electricity$159.00$170.806.9%
Phone $29.95$28.266.0%
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.
Climax, MN23781-19%
Fisher, MN40786-14%
Crookston, MN7,89987-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bridge City, TX7,89889-11%
Houghton, MI7,89791-9%
Dexter, MO7,90279-21%
Webster City, IA7,90578-22%
Hastings-on-Hudson, NY7,90517777%
Crookston, MN7,89987-13%
Source: The Crookston, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.