Maple Grove, Minnesota Cost Of Living

Buy Rent

F

Overall 16%

Goods & Services 10%

Housing 40%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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	Maple Grove	Minnesota	National
Cost of living	116	103	100
Goods & Services	110	108	100
Groceries	102	104	100
Health care	98	107	100
Housing	140	100	100
Transportation	106	99	100
Utilities	97	97	100

Key findings

The cost of living in Maple Grove is 12% higher than the Minnesota average
The cost of living in Maple Grove is 16% higher than the national average
Maple Grove housing is 40% higher 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	$106,471	$8,873	$2,484	$3,194
Renters	$52,025	$4,335	$1,214	$1,561

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Maple Grove, MN, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Maple Grove homeowners, is $106,471. This would allow for a maximum of $2,484 per month to be spent on housing costs. For renters, the median monthly income is $52,025 which would result in a maximum of $1,214 to be spent on rental costs.

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	Maple Grove	National avg.	Difference
Haircut	$24.99	$20.27	23.3%
Beauty Salon	$35.26	$40.39	12.7%
Toothpaste	$3.35	$2.36	41.9%
Shampoo	$1.11	$1.08	3.4%
Movie	$9.80	$10.99	10.8%
Bowling	$28.70	$15.49	85.3%

Groceries

Item	Maple Grove	National avg.	Difference
Ground Beef	$4.25	$4.30	1.2%
Fried Chicken	$2.02	$1.40	44.1%
Milk	$2.52	$2.20	14.4%
Potatoes	$3.23	$3.22	0.4%
Pizza	$13.00	$10.74	21.1%
Beer	$9.02	$9.60	6.0%

Health Care

Item	Maple Grove	National avg.	Difference
Optometrist	$90.04	$109.73	17.9%
Doctor	$145.70	$118.34	23.1%
Dentist	$87.08	$100.94	13.7%
Ibuprofen	$10.75	$9.93	8.2%
Lipitor	$439.28	$469.53	6.4%

Housing

Item	Maple Grove	National avg.	Difference
Home Price	$254,400.00	$184,700.00	37.7%
Avg. Mortgage Payment	$1,209.19	$1,229.62	1.7%
Apartment Rent	$1,374.00	$949.00	44.8%

Transportation

Item	Maple Grove	National avg.	Difference
Gasoline	$2.67	$2.71	1.5%
Tire Balancing	$61.39	$51.86	18.4%

Utilities

Item	Maple Grove	National avg.	Difference
All Electricity	$162.80	$170.84	4.7%
Phone	$184.36	$187.18	1.5%

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, State	Population	Cost of Living Index	National Avg.
Hilltop, MN	799	82	-18%
St. Anthony city (Stearns County), MN	106	87	-13%
Brooklyn Center, MN	30,785	99	-1%
Lexington, MN	1,965	100	0%
Columbia Heights, MN	19,689	100	0%
Maple Grove, MN	66,969	116	16%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Kenner, LA	66,954	98	-2%
Davis, CA	66,886	155	55%
New Braunfels, TX	67,097	97	-3%
Kissimmee, FL	66,840	95	-5%
Bossier City, LA	67,152	94	-6%
Maple Grove, MN	66,969	116	16%

Source: The Maple Grove, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.