Cost Of Living In Sauk Rapids, MN

Sauk Rapids 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.
Index	Sauk Rapids	Minnesota	National
Cost of living index	95	102	100
Index	Sauk Rapids	Minnesota	National
Goods & Services index	103	106	100
Groceries index	110	105	100
Health care index	113	110	100
Housing index	80	101	100
Transportation index	103	98	100
Utilities index	85	91	100

A general summary of the cost of living index in Sauk Rapids, MN is shown above. Compared to the state average of Minnesota the cost of living index in Sauk Rapids, MN is 95, which is 7% lower than the average in Minnesota and compared to the national average it is 5% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Sauk Rapids, MN goods and services come in at 3% lower than the average in Minnesota and are 3% higher than compared to the nationwide average.

Did you know?

The cost of living in Sauk Rapids is 7% lower than the Minnesota average.
The cost of living in Sauk Rapids is 5% lower than the national average.
The cost of housing in Sauk Rapids is 20% 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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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Using the salary calculator lets you compare the salary you earn in Sauk Rapids, MN to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Sauk Rapids, MN, you have to earn a higher income in order to still have the same standard of living. To operate the Sauk Rapids, MN salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$72,361	$6,030	$1,688	$2,171
Renters	$19,533	$1,628	$456	$586

How much of your monthly income goes to housing can tell you whether or not you can afford housing in Sauk Rapids, 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 Sauk Rapids, MN homeowners have a median income of $72,361. Using that number, you will come up with a maximum of $1,688 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $19,533, which means there is a maximum of $456 to be spent on the costs of renting a home or apartment.

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

For those who live in Sauk Rapids, MN and want to know what the true cost of living is, they ought to look at both the Minnesota income tax rate and the Minnesota sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Minnesota, the sales tax is 6.875%, while the most you'll pay in surtax is 7.875%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Minnesota, the income tax rate ranges between 5.35% to 9.85%.

Goods & Services

Item	Sauk Rapids	National avg.	Difference
Haircut	$21.91	$15.56	40.8%
Beauty Salon	$31.17	$36.11	13.7%
Toothpaste	$3.64	$2.47	47.2%
Shampoo	$1.19	$0.96	23.3%
Movie	$10.04	$10.13	0.9%
Bowling	$4.29	$4.74	9.4%

Groceries

Item	Sauk Rapids	National avg.	Difference
Ground Beef	$5.28	$3.98	32.5%
Fried Chicken	$2.27	$1.41	61.2%
Milk	$2.45	$2.06	18.8%
Potatoes	$2.45	$2.98	17.7%
Pizza	$8.10	$9.47	14.5%
Beer	$9.08	$8.79	3.3%

Health Care

Item	Sauk Rapids	National avg.	Difference
Optometrist	$121.76	$101.04	20.5%
Doctor	$164.95	$107.44	53.5%
Dentist	$87.93	$90.42	2.7%
Ibuprofen	$9.49	$9.28	2.2%
Lipitor	$392.82	$426.50	7.9%

Housing

Item	Sauk Rapids	National avg.	Difference
Home Price	$146,100.00	$175,700.00	16.8%
Avg. Mortgage Payment	$891.28	$1,133.23	21.4%
Apartment Rent	$659.00	$920.00	28.4%

Transportation

Item	Sauk Rapids	National avg.	Difference
Gasoline	$1.94	$1.99	2.8%
Tire Balancing	$52.70	$45.76	15.2%

Utilities

Item	Sauk Rapids	National avg.	Difference
All Electricity	$169.36	$163.81	3.4%
Phone	$17.02	$28.39	40.0%

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, State	Population	Cost of Living Index	National Avg.
Foley, MN	2,632	92	-8%
Ronneby, MN	35	92	-8%
Gilman, MN	184	92	-8%
Rice, MN	1,485	94	-6%
Cold Spring, MN	4,033	95	-5%
Sauk Rapids, MN	13,079	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Falls Church, VA	13,074	173	73%
West Monroe, LA	13,073	88	-12%
West Carrollton, OH	13,087	92	-8%
Artondale, WA	13,089	132	32%
La Grande, OR	13,090	90	-10%
Sauk Rapids, MN	13,079	95	-5%

Source: The Sauk Rapids, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Sauk Rapids, MN Cost of Living