| Index | Coon Rapids | Minnesota | National |
| Cost of living | 106 | 100 | 100 |
| Groceries | 100 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 121 | 100 | 100 |
| Transportation | 100 | 100 | 100 |
| Utilities | 102 | 104 | 100 |
| Lifestyle & Entertainment | 95 | 100 | 100 |
| Household Items | 100 | 100 | 100 |
| Education & Childcare | 95 | 99 | 100 |
Getting a feel for the cost of living in Coon Rapids is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Coon Rapids is 106, which is 6% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
In Coon Rapids, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Coon Rapids will resemble that of an average city, contributing to a manageable cost of living.
Housing costs make up a big chunk of the cost of living in Coon Rapids, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 20.9% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Coon Rapids an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Coon Rapids is 18.8% higher than the national average, while the average monthly rent prices are 25.7% higher than average. The affordability of any location can also be influenced by median income levels. Coon Rapids has a median household income of $114,347, which is 40.6% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Coon Rapids, the transportation index is 0.1% higher than the national average.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Coon Rapids, the groceries index is 0.2% lower than the national average.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Coon Rapids starts at 6.875% and the income tax rates start at 5.35%.
The Coon Rapids cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $125,811 | $10,484 | $2,935 | $3,775 |
| Renters | $68,636 | $5,720 | $1,601 | $2,059 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Hilltop, MN | 1,045 | 80 | 20.0% |
| St. Anthony city (Stearns County), MN | 108 | 84 | 16.4% |
| Brooklyn Center, MN | 31,682 | 102 | 1.8% |
| Columbia Heights, MN | 21,019 | 102 | 1.9% |
| Lexington, MN | 2,365 | 101 | 1.4% |
| Coon Rapids, MN | 65,205 | 106 | 5.7% |
| City | Population | Cost of Living Index | National Avg. |
| Dundalk, MD | 65,241 | 106 | 5.9% |
| Medicine Hat, AB | 65,247 | n/a | |
| Skokie, IL | 65,008 | 120 | 19.6% |
| Brentwood, CA | 65,405 | 173 | 72.6% |
| West Hartford, CT | 64,994 | 127 | 27.3% |
| Coon Rapids, MN | 65,205 | 106 | 5.7% |
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