Worthington 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.
IndexWorthingtonMinnesotaNational
Cost of living index89102100
IndexWorthingtonMinnesotaNational
Goods & Services index104107100
Groceries index105107100
Health care index111108100
Housing index65101100
Transportation index9898100
Utilities index7687100
The above illustration supplies generalized information for the Worthington, MN cost of living index. Compared to other cities in Minnesota and cities across the country, the cost of living index in Worthington, MN is 89, which is 13% lower than the Minnesota average and 11% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Worthington, MN are 2% lower than the average for Minnesota and 4% higher than the rest of the country.

Did you know?

  • The cost of living in Worthington is 13% lower than the Minnesota average.
  • The cost of living in Worthington is 11% lower than the national average.
  • The cost of housing in Worthington is 35% 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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Compare Worthington, MN Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Worthington, 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 Worthington, MN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Worthington, 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$58,914$4,910$1,375$1,768
Renters$27,917$2,326$651$838
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Worthington, 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 Worthington, MN homeowners have a median income of $58,914. Using that number, you will come up with a maximum of $1,375 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $27,917, which means there is a maximum of $651 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%
The Minnesota sales tax and Minnesota income tax rates should definitely be considered when determining the overall cost of living in Worthington, MN. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Minnesota sales tax is 6.875% and the maximum surtax is 7.875%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Minnesota income tax rates range from 5.35% to 9.85%.

Goods & Services

ItemWorthingtonNational avg.Difference
Haircut $18.25$14.5925.1%
Beauty Salon $25.50$34.6826.5%
Toothpaste $1.79$2.4727.6%
Shampoo $0.92$1.0210.0%
Movie $9.25$9.876.3%
Bowling $3.50$4.3920.3%

Groceries

ItemWorthingtonNational avg.Difference
Ground Beef $4.88$4.489.0%
Fried Chicken $2.09$1.4642.8%
Milk $2.29$2.362.8%
Potatoes $2.79$3.068.9%
Pizza $12.00$9.2429.8%
Beer $7.76$8.6310.1%

Health Care

ItemWorthingtonNational avg.Difference
Optometrist $76.81$99.7823.0%
Doctor $160.37$105.0352.7%
Dentist $92.75$88.704.6%
Ibuprofen $8.15$9.4113.4%
Lipitor $266.68$298.5010.7%

Housing

ItemWorthingtonNational avg.Difference
Home Price $112,800.00$175,700.0035.8%
Avg. Mortgage Payment $929.86$1,081.0314.0%
Apartment Rent $613.00$920.0033.4%

Transportation

ItemWorthingtonNational avg.Difference
Gasoline $1.98$2.095.4%
Tire Balancing $48.00$45.296.0%

Utilities

ItemWorthingtonNational avg.Difference
All Electricity$148.78$170.8012.9%
Phone $17.01$28.2639.8%
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.
Kinbrae, MN4100-0%
Dundee, MN8976-24%
Little Rock, IA46679-21%
Okabena, MN18079-21%
Ocheyedan, IA44680-20%
Worthington, MN12,92089-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ridge, NY12,92112828%
Mount Vernon, VA12,91715353%
Oakland, NJ12,91414848%
Bedford, OH12,92791-9%
El Dorado, KS12,93186-14%
Worthington, MN12,92089-11%
Source: The Worthington, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.