Cost Of Living In Woodstock, MN

Woodstock 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	Woodstock	Minnesota	National
Cost of living index	78	102	100
Index	Woodstock	Minnesota	National
Goods & Services index	98	106	100
Groceries index	94	105	100
Health care index	107	110	100
Housing index	30	101	100
Transportation index	96	98	100
Utilities index	111	91	100

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The cost of living in Woodstock is 23% lower than the Minnesota average.
The cost of living in Woodstock is 22% lower than the national average.
The cost of housing in Woodstock is 70% 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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Price difference in compared to

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$29,875	$2,490	$697	$896
Renters	$31,406	$2,617	$733	$942

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%

Goods & Services

Item	Woodstock	National avg.	Difference
Haircut	$14.76	$15.56	5.2%
Beauty Salon	$28.76	$36.11	20.4%
Toothpaste	$1.89	$2.47	23.7%
Shampoo	$0.89	$0.96	7.3%
Movie	$9.98	$10.13	1.4%
Bowling	$4.09	$4.74	13.7%

Groceries

Item	Woodstock	National avg.	Difference
Ground Beef	$3.74	$3.98	6.1%
Fried Chicken	$1.76	$1.41	24.9%
Milk	$0.99	$2.06	51.9%
Potatoes	$2.30	$2.98	22.7%
Pizza	$9.01	$9.47	4.9%
Beer	$8.18	$8.79	7.0%

Health Care

Item	Woodstock	National avg.	Difference
Optometrist	$110.76	$101.04	9.6%
Doctor	$134.73	$107.44	25.4%
Dentist	$88.90	$90.42	1.7%
Ibuprofen	$8.46	$9.28	8.8%
Lipitor	$442.41	$426.50	3.7%

Housing

Item	Woodstock	National avg.	Difference
Home Price	$37,700.00	$175,700.00	78.5%
Avg. Mortgage Payment	$931.24	$1,133.23	17.8%
Apartment Rent	$463.00	$920.00	49.7%

Transportation

Item	Woodstock	National avg.	Difference
Gasoline	$1.96	$1.99	1.4%
Tire Balancing	$41.29	$45.76	9.8%

Utilities

Item	Woodstock	National avg.	Difference
All Electricity	$167.55	$163.81	2.3%
Phone	$35.00	$28.39	23.3%

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.
Hadley, MN	51	77	-23%
Leota, MN	161	80	-20%
Ihlen, MN	43	80	-20%
Ruthton, MN	270	80	-20%
Holland, MN	202	81	-19%
Woodstock, MN	172	78	-22%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Napeague, NY	172	174	74%
Campus, IL	172	90	-10%
Climbing Hill, IA	172	84	-16%
Leslie, MO	172	90	-10%
Gaylord, KS	172	70	-30%
Woodstock, MN	172	78	-22%

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

Woodstock, MN Cost of Living