Apple Valley, MN Cost Of Living
Cost Of Living In Apple Valley, MN Summary
Cost of living in Apple Valley 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 Apple Valley 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:
The cost of living index in Apple Valley is 111, with 100 being the average.
The cost of living index in Apple Valley is 1.1x higher than the national average.
Apple Valley ranks as the #103 cheapest in Minnesota out of 148.
Apple Valley ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Apple Valley is $373,652.
The median income in Apple Valley is $99,277.
Table Of Contents
Apple Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Apple Valley, MN?
According to the most recent data on the cost of living, Apple Valley has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Apple Valley has a cost of living index that's 1.1x higher than Minnesota's index of 97.
The standard of living in Apple Valley ranks as #103 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Apple Valley ranks as the #45 most expensive place in the North Star State.
For more reading on life in Apple Valley, check out:
In Minnesota
In America
Apple Valley Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Apple Valley. Here is how it fairs on each of the criteria:
The Services index in Apple Valley is 96.
The Groceries index in Apple Valley is 100.
The Health index in Apple Valley is 100.
The Housing index in Apple Valley is 148.
The Transportation index in Apple Valley is 99.
The Utilities index in Apple Valley is 93.
| Living Expense | Apple Valley | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 96 | 101 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 100 | 110 | 100 | |
| Housing | 148 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 93 | 94 | 100 | |
Apple Valley, MN Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Apple Valley is $373,652.
The Median Rent in Apple Valley is $1,678.
The Median Income in Apple Valley is $99,277.
The Home Value To Income in Apple Valley is 3.8x.
The Rent To Monthly Income in Apple Valley is 0.2x.
| Statistic | Apple Valley | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $373,652 | $344,484 | $303,400 |
| Median Rent | $1,678 | $1,235 | $1,348 |
| Median Income | $99,277 | $87,556 | $78,538 |
| Home Value To Income | 3.8x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Apple Valley, MN Costs By Category
Detailed Apple Valley Services Costs Vs. Minnesota
| Item | Apple Valley | Minnesota |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $13.47 | $12.13 |
| Bowling | $21.5 | $18 |
| Haircut | $28.67 | $24.26 |
| Beauty Salon | $34.55 | $45.56 |
Detailed Apple Valley Groceries Costs Vs. Minnesota
| Item | Apple Valley | Minnesota |
|---|---|---|
| Ground Beef | $5.49 | $5.84 |
| Fried Chicken | $1.35 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $9.36 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Apple Valley Health Costs Vs. Minnesota
| Item | Apple Valley | Minnesota |
|---|---|---|
| Optometrist | $145.44 | $125.68 |
| Doctor | $229.08 | $135.78 |
| Dentist | $108.67 | $113.29 |
Detailed Apple Valley Transportation Costs Vs. Minnesota
| Item | Apple Valley | Minnesota |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $61.74 | $59.92 |
Detailed Apple Valley Utilities Costs Vs. Minnesota
| Item | Apple Valley | Minnesota |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $187.39 | $192.25 |
Apple Valley SnackAbility
/10
Cost Of Living In Cities Around Apple Valley
The cost of living varies in the cities and towns around Apple Valley. Here's a quick look at the cost of living in the most populous nearby places:
Bloomington, MN has a cost of living index of 109, 1.0x Apple Valley.
Woodbury, MN has a cost of living index of 122, 1.1x Apple Valley.
Lakeville, MN has a cost of living index of 119, 1.1x Apple Valley.
| City | Population | Cost Of Living | Vs. Apple Valley |
|---|---|---|---|
| Bloomington, MN | 88,838 | 109 | 1.0x |
| Woodbury, MN | 76,945 | 122 | 1.1x |
| Lakeville, MN | 72,480 | 119 | 1.1x |
| Eagan, MN | 68,158 | 115 | 1.0x |
| Burnsville, MN | 64,295 | 112 | 1.0x |
| Eden Prairie, MN | 63,249 | 124 | 1.1x |
| Minnetonka, MN | 53,256 | 120 | 1.1x |
| Edina, MN | 53,125 | 139 | 1.3x |
| Inver Grove Heights, MN | 35,772 | 112 | 1.0x |
| Savage, MN | 32,706 | 118 | 1.1x |
