Dayton 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.
IndexDaytonMinnesotaNational
Cost of living index108102100
IndexDaytonMinnesotaNational
Goods & Services index110107100
Groceries index105107100
Health care index103108100
Housing index114101100
Transportation index10198100
Utilities index9387100
Displayed above is a general overview of the Dayton, MN cost of living index. The overall cost of living index in Dayton, MN is 108, which is 5% higher than the Minnesota average and 8% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Dayton, MN are 3% higher than the Minnesota average and 10% higher than the national average.

Did you know?

  • The cost of living in Dayton is 5% higher than the Minnesota average.
  • The cost of living in Dayton is 8% higher than the national average.
  • The cost of housing in Dayton is 14% 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 salary in Dayton, 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 Dayton, MN, then you would need to earn more income in order to maintain the same standard of living. To use the Dayton, 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$86,547$7,212$2,019$2,597
Renters$38,750$3,229$904$1,163
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Dayton, MN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Dayton, MN homeowners have a median income of $86,547. Using that number, you will come up with a maximum of $2,019 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $38,750, which means there is a maximum of $904 to be spent on the costs of renting a home or apartment.

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 Dayton, 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

ItemDaytonNational avg.Difference
Haircut $22.60$14.5954.9%
Beauty Salon $33.37$34.683.8%
Toothpaste $3.44$2.4739.1%
Shampoo $1.05$1.022.7%
Movie $9.80$9.870.7%
Bowling $4.06$4.397.6%

Groceries

ItemDaytonNational avg.Difference
Ground Beef $3.63$4.4818.9%
Fried Chicken $1.85$1.4626.4%
Milk $2.33$2.361.1%
Potatoes $3.12$3.061.9%
Pizza $10.58$9.2414.5%
Beer $8.48$8.631.8%

Health Care

ItemDaytonNational avg.Difference
Optometrist $82.75$99.7817.1%
Doctor $133.63$105.0327.2%
Dentist $84.81$88.704.4%
Ibuprofen $11.66$9.4123.9%
Lipitor $252.50$298.5015.4%

Housing

ItemDaytonNational avg.Difference
Home Price $229,900.00$175,700.0030.8%
Avg. Mortgage Payment $1,221.08$1,081.0313.0%
Apartment Rent $698.00$920.0024.1%

Transportation

ItemDaytonNational avg.Difference
Gasoline $1.96$2.096.3%
Tire Balancing $54.71$45.2920.8%

Utilities

ItemDaytonNational avg.Difference
All Electricity$163.14$170.804.5%
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.
Hilltop, MN82881-19%
Brooklyn Center, MN30,54998-2%
Big Lake, MN29897-3%
Zimmerman, MN5,26897-3%
Columbia Heights, MN19,6051011%
Dayton, MN4,8401088%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Houlton, ME4,84095-5%
Post, TX4,84177-23%
Crystal City, MO4,84191-9%
Sonora, CA4,84411818%
Pinehurst, TX4,83587-13%
Dayton, MN4,8401088%
Source: The Dayton, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.