Stillwater 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.
IndexStillwaterMinnesotaNational
Cost of living index112102100
IndexStillwaterMinnesotaNational
Goods & Services index109107100
Groceries index105107100
Health care index103108100
Housing index129101100
Transportation index10298100
Utilities index9187100
A general overview of the cost of living index for Stillwater, MN is displayed above. In Stillwater, MN, the overall cost of living index is 112, which is 9% higher than the Minnesota average and 12% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Stillwater, MN, the city's goods and services are 2% higher than the Minnesota average and 9% higher than the U.S. average.

Did you know?

  • The cost of living in Stillwater is 9% higher than the Minnesota average.
  • The cost of living in Stillwater is 12% higher than the national average.
  • The cost of housing in Stillwater is 29% 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 Stillwater, MN Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Stillwater, 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 Stillwater, MN, you have to earn a higher income in order to still have the same standard of living. To operate the Stillwater, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$89,605$7,467$2,091$2,688
Renters$37,244$3,104$869$1,117
One can approximate the cost of living and the housing affordability in Stillwater, 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 Stillwater, MN have a median income of $89,605. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,091 per month to avoid calamity and poverty. The renters in the city have an income of about $37,244, which would make their monthly maximum allowable rental costs $869.

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 Stillwater, 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

ItemStillwaterNational 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%

Groceries

ItemStillwaterNational 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

ItemStillwaterNational 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%

Housing

ItemStillwaterNational avg.Difference
Home Price $239,800.00$175,700.0036.5%
Avg. Mortgage Payment $1,173.84$1,081.038.6%
Apartment Rent $1,019.00$920.0010.8%

Transportation

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

Utilities

ItemStillwaterNational 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%
Star Prairie, WI63297-3%
Somerset, WI2,65597-3%
New Richmond, WI8,50198-2%
Roberts, WI1,7011000%
Stillwater, MN18,54111212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Thomasville, GA18,55888-12%
Marshfield, WI18,51487-13%
Prunedale, CA18,57413333%
Mustang, OK18,57589-11%
Ferndale, MD18,5771099%
Stillwater, MN18,54111212%
Source: The Stillwater, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.