Foreston, Minnesota Cost Of Living

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C-

Overall 1%

Goods & Services 16%

Housing 27%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Foreston	Minnesota	National
Cost of living	99	103	100
Goods & Services	116	108	100
Groceries	108	104	100
Health care	120	107	100
Housing	73	100	100
Transportation	100	99	100
Utilities	100	97	100

Key findings

The cost of living in Foreston is 4% lower than the Minnesota average
The cost of living in Foreston is 1% lower than the national average
Foreston housing is 27% 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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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	$65,583	$5,465	$1,530	$1,968
Renters	$74,063	$6,172	$1,728	$2,222

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	Foreston	National avg.	Difference
Haircut	$23.17	$20.27	14.3%
Beauty Salon	$36.64	$40.39	9.3%
Toothpaste	$2.83	$2.36	20.1%
Shampoo	$1.49	$1.08	38.7%
Movie	$12.09	$10.99	10.0%
Bowling	$20.17	$15.49	30.2%

Groceries

Item	Foreston	National avg.	Difference
Ground Beef	$4.55	$4.30	5.8%
Fried Chicken	$1.88	$1.40	34.6%
Milk	$2.37	$2.20	7.6%
Potatoes	$3.10	$3.22	3.8%
Pizza	$11.57	$10.74	7.8%
Beer	$9.18	$9.60	4.4%

Health Care

Item	Foreston	National avg.	Difference
Optometrist	$115.79	$109.73	5.5%
Doctor	$196.36	$118.34	65.9%
Dentist	$103.34	$100.94	2.4%
Ibuprofen	$10.85	$9.93	9.3%
Lipitor	$531.06	$469.53	13.1%

Housing

Item	Foreston	National avg.	Difference
Home Price	$125,600.00	$184,700.00	32.0%
Avg. Mortgage Payment	$1,081.52	$1,229.62	12.0%
Apartment Rent	$789.00	$949.00	16.9%

Transportation

Item	Foreston	National avg.	Difference
Gasoline	$2.59	$2.71	4.6%
Tire Balancing	$56.28	$51.86	8.5%

Utilities

Item	Foreston	National avg.	Difference
All Electricity	$171.41	$170.84	0.3%
Phone	$184.86	$187.18	1.2%

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.
Ogilvie, MN	402	91	9.3%
Milaca, MN	2,918	95	5.0%
Pease, MN	298	95	4.7%
Foley, MN	2,654	97	2.6%
Gilman, MN	216	98	2.4%
Foreston, MN	615	99	1.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pimaco Two, AZ	615	99	1.1%
Granada, CO	615	81	18.6%
New Haven, KY	615	87	13.3%
Attica, MI	615	92	7.6%
Grove City, MN	615	94	5.9%
Foreston, MN	615	99	1.2%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.