D
Overall 5%
Goods & Services 13%
Housing 1%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexCoon RapidsMinnesotaNational
Cost of living105104100
Goods & Services113109100
Groceries103106100
Health care103110100
Housing99100100
Transportation104100100
Utilities9798100

Key findings

  • The cost of living in Coon Rapids is 1% higher than the Minnesota average
  • The cost of living in Coon Rapids is 5% higher than the national average
  • Coon Rapids housing is 1% lower than the national average
  • Minnesota general sales tax is 35% higher than the national average
  • Minnesota state income tax is 117% higher than the national average

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Compare Coon Rapids, MN Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$76,896$6,408$1,794$2,307
      Renters$39,546$3,296$923$1,186
      A good way to judge both the affordability of the housing and the cost of living in Coon Rapids is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Coon Rapids has a median income of about $76,896 for people who own homes. Based on that number, a maximum of $1,794 should be spent on expenses related to housing. Renters have a slightly different median income, which is $39,546. Based on this average, renters should spend no more than $923 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%

      Goods & Services

      ItemCoon RapidsNational avg.Difference
      Haircut $24.49$17.4940.0%
      Beauty Salon $34.71$38.179.1%
      Toothpaste $3.37$2.3245.2%
      Shampoo $1.08$1.016.7%
      Movie $10.43$10.722.7%
      Bowling $21.05$13.8651.9%

      Groceries

      ItemCoon RapidsNational avg.Difference
      Ground Beef $4.52$3.9015.9%
      Fried Chicken $2.10$1.4050.5%
      Milk $2.62$1.9633.5%
      Potatoes $3.36$3.185.6%
      Pizza $12.73$10.3922.5%
      Beer $8.91$9.233.5%

      Health Care

      ItemCoon RapidsNational avg.Difference
      Optometrist $89.90$106.3415.5%
      Doctor $150.44$115.2530.5%
      Dentist $85.78$98.3812.8%
      Ibuprofen $11.78$9.2627.2%
      Lipitor $445.61$466.474.5%

      Housing

      ItemCoon RapidsNational avg.Difference
      Home Price $171,200.00$184,700.007.3%
      Avg. Mortgage Payment $1,327.62$1,273.324.3%
      Apartment Rent $1,066.00$949.0012.3%

      Transportation

      ItemCoon RapidsNational avg.Difference
      Gasoline $2.47$2.594.5%
      Tire Balancing $59.72$48.9022.1%

      Utilities

      ItemCoon RapidsNational avg.Difference
      All Electricity$162.02$167.603.3%
      Phone $178.08$163.429.0%
      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, StatePopulationCost of Living IndexNational Avg.
      Hilltop, MN79983-17%
      St. Anthony city (Stearns County), MN10688-12%
      Brooklyn Center, MN30,7851000%
      Lexington, MN1,9651011%
      Columbia Heights, MN19,6891022%
      Coon Rapids, MN62,1591055%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Encinitas, CA62,16019090%
      North Miami, FL62,1581000%
      Poinciana, FL62,14592-8%
      Sammamish, WA62,13618181%
      Hamilton, OH62,25989-11%
      Coon Rapids, MN62,1591055%
      Source: The Coon Rapids, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.