Cost Of Living in Becker, MN

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C

3%

Overall NAT. AVG.

9%

Goods & Services NAT. AVG.

0%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Becker	Minnesota	National
Cost of living	103	99	100
Goods & Services	109	100	100
Groceries	97	98	100
Health care	124	109	100
Housing	100	100	100
Transportation	99	97	100
Utilities	93	93	100

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Cost Of Living Quick Facts

The cost of living in Becker is 4% higher than the Minnesota average
The cost of living in Becker is 3% higher than the national average
Becker housing is equal to the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% 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	$85,547	$7,129	$1,996	$2,567
Renters	$42,750	$3,563	$997	$1,283

The affordability of the housing market in Becker, MN as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Becker homeowners, the median income is $85,547. This indicates that a monthly maximum of $1,996 should be spent by homeowners on all housing related costs. Renters have a median income of $42,750. This indicates that renters would have a maximum of $997 for their rent related monthly costs.

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	Becker	National avg.	Difference
Haircut	$27.97	$24.26	15.3%
Beauty Salon	$37.17	$45.56	18.4%
Toothpaste	$3.62	$3.70	2.2%
Shampoo	$1.52	$1.28	18.6%
Movie	$11.24	$12.13	7.4%
Bowling	$26.39	$18.00	46.6%

Groceries

Item	Becker	National avg.	Difference
Ground Beef	$5.75	$5.84	1.5%
Fried Chicken	$1.35	$1.57	13.9%
Milk	$4.58	$4.67	2.0%
Potatoes	$4.86	$4.93	1.4%
Pizza	$13.07	$12.09	8.2%
Beer	$9.52	$10.41	8.5%

Health Care

Item	Becker	National avg.	Difference
Optometrist	$109.94	$125.68	12.5%
Doctor	$162.98	$135.78	20.0%
Dentist	$96.90	$113.29	14.5%
Ibuprofen	$10.88	$10.65	2.1%
Lipitor	$492.95	$468.60	5.2%

Housing

Item	Becker	National avg.	Difference
Home Price	$198,800.00	$184,700.00	7.6%
Avg. Mortgage Payment	$1,954.72	$2,346.69	16.7%
Apartment Rent	$790.00	$949.00	16.8%

Transportation

Item	Becker	National avg.	Difference
Gasoline	$3.31	$3.46	4.3%
Tire Balancing	$61.97	$59.92	3.4%

Utilities

Item	Becker	National avg.	Difference
All Electricity	$175.69	$193.99	9.4%
Phone	$188.55	$192.25	1.9%

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	Population	Cost of Living Index	National Avg.
Princeton, MN	4,701	97	3.0%
St. Cloud, MN	68,390	99	1.4%
Maple Lake, MN	2,162	99	1.0%
Annandale, MN	3,420	99	0.6%
Sauk Rapids, MN	13,926	101	1.0%
Becker, MN	4,919	103	2.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sheridan, AR	4,919	94	6.2%
Paradise Hills, NM	4,918	103	2.5%
Parker, TX	4,920	182	82.0%
Cicero, IN	4,921	95	5.2%
Summit, WI	4,922	129	28.6%
Becker, MN	4,919	103	2.9%