Cost of Living in Medina, MN

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

Get Access to 300+ Local Data Points
F
46%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
155%
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 Medina Minnesota National
Cost of living146100100
Groceries97100100
Health care102100100
Housing255100100
Transportation100100100
Utilities104104100
Lifestyle & Entertainment99100100
Household Items102100100
Education & Childcare9799100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Medina, MN

property for sale

3050 Wild Flower Trl

Hamel, MN
property for sale

4330 Hillside Dr

Hamel, MN
property for sale

4435 Bluebell Trl S

Hamel, MN
property for sale

4410 Brindle DR

Hamel, MN
See the Newest Homes For Sale In Medina, MN

Cost Of Living Quick Facts

  • The cost of living in Medina is 46% higher than the Minnesota average
  • The cost of living in Medina is 46% higher than the national average
  • Medina housing is 155% 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

Most Affordable Places to Live in and Around Medina

See all the best places to live around Medina

Compare Medina, MN Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Medina?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Medina?
      Write a review to give others more information about this area.
      See all Medina poll results

      The best places in Minnesota

      Here are the best places to live in MinnesotaSafest States In The USThese are the largest cities in MinnesotaThese are the 10 cheapest cities in Minnesota
      Best Places in Minnesota

      Salary Calculator

      This is how much you would need to earn in
      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$251,403$20,950$5,866$7,543
      Renters$94,107$7,842$2,196$2,823
      A good indicator of the general affordability of housing in Medina, MN, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Medina, the median monthly income is $251,403 for those who own their own homes. Under the standard rule, that income level would allow for $5,866 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $94,107, per the median income in the area. That would allow for renters to spend up to $2,196 on monthly rental expenses.

      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.
      Brooklyn Center, MN31,6821021.8%
      Rockford, MN4,5951021.7%
      Buffalo, MN16,7701032.8%
      Robbinsdale, MN14,7671033.3%
      Watertown, MN4,6461044.0%
      Medina, MN6,71114646.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Pollock Pines, CA6,71112424.2%
      Hillsboro, OH6,7148613.5%
      Geneseo, IL6,706936.7%
      Santa Teresa, NM6,7061000.2%
      Boonville, IN6,7168613.9%
      Medina, MN6,71114646.4%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026