Cost Of Living in Litchfield, MN

Get 300+ Local Insights for Any Address in Litchfield, MN

Get Access to 300+ Local Data Points

B+

3%

Overall NAT. AVG.

9%

Goods & Services NAT. AVG.

20%

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	Litchfield	Minnesota	National
Cost of living	97	99	100
Goods & Services	109	100	100
Groceries	97	98	100
Health care	124	109	100
Housing	80	100	100
Transportation	99	97	100
Utilities	93	93	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Litchfield is 2% lower than the Minnesota average
The cost of living in Litchfield is 3% lower than the national average
Litchfield housing is 20% lower 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

Most Affordable Places to Live in and Around Litchfield

See all the best places to live around Litchfield

Compare Litchfield, MN Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Litchfield poll results

The best places in Minnesota

Here are the best places to live in Minnesota

Most Dangerous Cities In The US

Safest States In The US

These are the 10 cheapest cities in Minnesota

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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$60,100	$5,008	$1,402	$1,803
Renters	$31,996	$2,666	$747	$960

A good way to judge both the affordability of the housing and the cost of living in Litchfield 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. Litchfield has a median income of about $60,100 for people who own homes. Based on that number, a maximum of $1,402 should be spent on expenses related to housing. Renters have a slightly different median income, which is $31,996. Based on this average, renters should spend no more than $747 on all rental costs if they want to maintain a non-impoverished standard of living.

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	Litchfield	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	Litchfield	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	Litchfield	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	Litchfield	National avg.	Difference
Home Price	$151,500.00	$184,700.00	18.0%
Avg. Mortgage Payment	$1,954.72	$2,346.69	16.7%
Apartment Rent	$717.00	$949.00	24.4%

Transportation

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

Utilities

Item	Litchfield	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.
Cedar Mills, MN	40	104	4.0%
Cosmos, MN	524	87	12.5%
Watkins, MN	859	89	10.6%
Grove City, MN	791	90	9.8%
Atwater, MN	1,141	91	8.7%
Litchfield, MN	6,640	97	3.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
North Caldwell, NJ	6,640	195	94.6%
Morrilton, AR	6,638	79	20.7%
Pikeville, KY	6,642	100	0.2%
Cedarhurst, NY	6,642	167	66.9%
Silsbee, TX	6,642	91	8.9%
Litchfield, MN	6,640	97	3.1%