Andover, MN Cost Of Living

The latest cost of living statistics for Andover. Includes statistics on rent, mortgages, healthcare, and other costs for Andover compared to the state and national averages.

Cost of living in Andover, Minnesota

Cost of living in Andover research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Andover is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

122 Cost of living index 1.2x higher vs US
#132 Cheapest in Minnesota (of 151)
#4,474 Cheapest in the U.S. (of 6,489)
$435,598 Median home value
$2,037 Median rent
$137,593 Median income
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What is the cost of living in Andover, MN?

According to the most recent data on the cost of living, Andover has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.

Compared to Minnesota, Andover has a cost of living index that's 1.2x higher than Minnesota's index of 101.

The standard of living in Andover ranks as #132 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Andover ranks as the #19 most expensive place in the North Star State.

For more reading on life in Andover, check out:

Andover Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Andover. Here is how it fares on each of the criteria:

  • The Services index in Andover is 103.

  • The Groceries index in Andover is 102.

  • The Health index in Andover is 170.

  • The Housing index in Andover is 98.

  • The Transportation index in Andover is 105.

  • The Utilities index in Andover is 101.

Living Expense Andover Minnesota National Average
Overall 122 101 100
Services 103 101 100
Groceries 102 99 100
Health 170 99 100
Housing 98 101 100
Transportation 105 103 100
Utilities 101 101 100

Andover Cost Of Living Compared To Minnesota Averages

Services
Andover 103
Minnesota avg 101
Groceries
Andover 102
Minnesota avg 99
Health
Andover 170
Minnesota avg 99
Housing
Andover 98
Minnesota avg 101
Transportation
Andover 105
Minnesota avg 103
Utilities
Andover 101
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Andover, MN Housing Cost Breakdown

$435,598Median Home Value
$2,037Median Rent
$137,593Median Income

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Andover is $435,598.

  • The Median Rent in Andover is $2,037.

  • The Median Income in Andover is $137,593.

  • The Home Value To Income in Andover is 3.2x.

  • The Rent To Monthly Income in Andover is 0.18x.

Statistic Andover Minnesota United States
Median Home Value $435,598 $346,667 $332,700
Median Rent $2,037 $1,280 $1,413
Median Income $137,593 $89,062 $80,734
Home Value To Income 3.2x 3.9x 4.1x
Rent To Monthly Income 0.18x 0.17x 0.21x

Andover, MN Costs By Category

Detailed Andover Services costs vs. Minnesota
Item Andover Minnesota
Shampoo $1.5 $1.28
Movie $11.32 $12.13
Bowling $25.68 $18
Haircut $25.86 $24.26
Beauty Salon $37.0 $45.56
Detailed Andover Groceries costs vs. Minnesota
Item Andover Minnesota
Ground Beef $5.75 $5.84
Fried Chicken $1.4 $1.57
Milk $4.6 $4.67
Potatoes $4.76 $4.93
Pizza $13.0 $12.09
Beer $9.44 $10.41
Toothpaste $3.62 $3.7
Detailed Andover Health costs vs. Minnesota
Item Andover Minnesota
Optometrist $112.72 $125.68
Doctor $164.15 $135.78
Dentist $95.01 $113.29
Detailed Andover Transportation costs vs. Minnesota
Item Andover Minnesota
Gasoline $3.32 $3.46
Tire Balancing $59.91 $59.92
Detailed Andover Utilities costs vs. Minnesota
Item Andover Minnesota
All Electricity $180.11 $193.99
Phone $187.59 $192.25

Andover SnackAbility

6Overall SnackAbility
Jobs 9.5/10
Housing 9/10
Affordability 8/10
Diversity 6/10
SafetyN/A
Amenities 8/10
Education 8.5/10
Commute 5/10

Cost Of Living In Cities Around Andover

The cost of living varies in the cities and towns around Andover. Here's a quick look at the cost of living in the most populous nearby places:

  • Plymouth, MN has a cost of living index of 124, 1.0x Andover.

  • Blaine, MN has a cost of living index of 114, 0.9x Andover.

  • Maple Grove, MN has a cost of living index of 117, 1.0x Andover.

City Population Cost Of Living Vs. Andover
Plymouth, MN 79,220 124 1.0x
Blaine, MN 72,488 114 0.9x
Maple Grove, MN 71,173 117 1.0x
Coon Rapids, MN 63,468 106 0.9x
Ramsey, MN 28,421 116 1.0x
Shoreview, MN 26,714 116 1.0x
Champlin, MN 23,294 111 0.9x
Lino Lakes, MN 22,113 115 0.9x
Golden Valley, MN 21,725 122 1.0x
Anoka, MN 17,970 103 0.8x