| Index | New Brighton | Minnesota | National |
| Cost of living | 112 | 100 | 100 |
| Groceries | 102 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 137 | 100 | 100 |
| Transportation | 99 | 100 | 100 |
| Utilities | 102 | 104 | 100 |
| Lifestyle & Entertainment | 100 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 102 | 99 | 100 |
Knowing the cost of living in New Brighton allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in New Brighton stands at 112, marking it 12% higher than the national average.
Housing costs are a major factor in the New Brighton cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 36.7% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is New Brighton an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in New Brighton is 46.8% higher than the national average, while the average monthly rent prices are 13.2% higher than average. The affordability of any location can also be influenced by median income levels. New Brighton has a median household income of $114,052, which is 40.2% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In New Brighton, healthcare costs are 1% higher than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In New Brighton, the housing index is 36.7% higher than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In New Brighton, the transportation index stands at 0.7% lower than the national average.
The cost of living estimates displayed for New Brighton are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $154,458 | $12,872 | $3,604 | $4,634 |
| Renters | $63,189 | $5,266 | $1,474 | $1,896 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Landfall, MN | 819 | 72 | 27.9% |
| South End, MN | 66 | 78 | 22.1% |
| Hilltop, MN | 1,045 | 80 | 20.0% |
| St. Anthony city (Stearns County), MN | 108 | 84 | 16.4% |
| Brooklyn Center, MN | 31,682 | 102 | 1.8% |
| New Brighton, MN | 23,459 | 112 | 11.5% |
| City | Population | Cost of Living Index | National Avg. |
| Acworth, GA | 23,459 | 104 | 3.9% |
| Junction City, KS | 23,460 | 90 | 9.9% |
| Winter Gardens, CA | 23,447 | 148 | 47.8% |
| Morton Grove, IL | 23,479 | 126 | 26.4% |
| Winchester, MA | 23,430 | 211 | 111.3% |
| New Brighton, MN | 23,459 | 112 | 11.5% |
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