Cost Of Living in Independence, MN

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F

50%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

167%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Independence	Minnesota	National
Cost of living	150	100	100
Groceries	97	100	100
Health care	102	100	100
Housing	267	100	100
Transportation	100	100	100
Utilities	104	104	100
Lifestyle & Entertainment	99	100	100
Household Items	102	100	100
Education & Childcare	97	99	100

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Homes For Sale In Independence, MN

3895 Independence Rd

Maple Plain, MN

1010 Drake Ct

Maple Plain, MN

4895 Eagle Ridge Rd

Loretto, MN

5125 Fern Dr

Loretto, MN

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Cost Of Living Quick Facts

The cost of living in Independence is 50% higher than the Minnesota average
The cost of living in Independence is 50% higher than the national average
Independence housing is 167% higher than 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
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$286,897	$23,908	$6,694	$8,608
Renters	$160,226	$13,352	$3,738	$4,807

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Maple Lake, MN	2,208	97	3.1%
New Germany, MN	470	96	3.7%
Rockford, MN	4,595	102	1.7%
Montrose, MN	3,624	102	2.0%
Buffalo, MN	16,770	103	2.8%
Independence, MN	3,869	150	50.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
South Russell, OH	3,869	125	24.7%
Falmouth, MA	3,870	156	56.1%
Richfield, OH	3,867	103	3.4%
Hardin, MT	3,865	94	6.5%
Marlboro, NY	3,865	114	14.5%
Independence, MN	3,869	150	50.0%