Bloomington, MN Cost Of Living

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

Cost of living in Bloomington, Minnesota

Cost of living in Bloomington 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 Bloomington 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:

112 Cost of living index 1.1x higher vs US
#96 Cheapest in Minnesota (of 151)
#3,724 Cheapest in the U.S. (of 6,489)
$361,589 Median home value
$1,561 Median rent
$93,211 Median income
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What is the cost of living in Bloomington, MN?

According to the most recent data on the cost of living, Bloomington has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Bloomington has a cost of living index that's 1.1x higher than Minnesota's index of 101.

The standard of living in Bloomington ranks as #96 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Bloomington ranks as the #55 most expensive place in the North Star State.

For more reading on life in Bloomington, check out:

Bloomington Cost Of Living Vs. Minnesota

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

  • The Services index in Bloomington is 98.

  • The Groceries index in Bloomington is 100.

  • The Health index in Bloomington is 139.

  • The Housing index in Bloomington is 102.

  • The Transportation index in Bloomington is 101.

  • The Utilities index in Bloomington is 101.

Living Expense Bloomington Minnesota National Average
Overall 112 101 100
Services 98 101 100
Groceries 100 99 100
Health 139 99 100
Housing 102 101 100
Transportation 101 103 100
Utilities 101 101 100

Bloomington Cost Of Living Compared To Minnesota Averages

Services
Bloomington 98
Minnesota avg 101
Groceries
Bloomington 100
Minnesota avg 99
Health
Bloomington 139
Minnesota avg 99
Housing
Bloomington 102
Minnesota avg 101
Transportation
Bloomington 101
Minnesota avg 103
Utilities
Bloomington 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

Bloomington, MN Housing Cost Breakdown

$361,589Median Home Value
$1,561Median Rent
$93,211Median 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 Bloomington is $361,589.

  • The Median Rent in Bloomington is $1,561.

  • The Median Income in Bloomington is $93,211.

  • The Home Value To Income in Bloomington is 3.9x.

  • The Rent To Monthly Income in Bloomington is 0.2x.

Statistic Bloomington Minnesota United States
Median Home Value $361,589 $346,667 $332,700
Median Rent $1,561 $1,280 $1,413
Median Income $93,211 $89,062 $80,734
Home Value To Income 3.9x 3.9x 4.1x
Rent To Monthly Income 0.2x 0.17x 0.21x

Bloomington, MN Costs By Category

Detailed Bloomington Services costs vs. Minnesota
Item Bloomington 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 Bloomington Groceries costs vs. Minnesota
Item Bloomington 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 Bloomington Health costs vs. Minnesota
Item Bloomington Minnesota
Optometrist $112.72 $125.68
Doctor $164.15 $135.78
Dentist $95.01 $113.29
Detailed Bloomington Transportation costs vs. Minnesota
Item Bloomington Minnesota
Gasoline $3.32 $3.46
Tire Balancing $59.91 $59.92
Detailed Bloomington Utilities costs vs. Minnesota
Item Bloomington Minnesota
All Electricity $180.11 $193.99
Phone $187.59 $192.25

Bloomington SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 7/10
Diversity 8.5/10
Safety 5/10
Amenities 9/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Bloomington

The cost of living varies in the cities and towns around Bloomington. 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, 1.1x Bloomington.

  • Woodbury, MN has a cost of living index of 120, 1.1x Bloomington.

  • Lakeville, MN has a cost of living index of 122, 1.1x Bloomington.

City Population Cost Of Living Vs. Bloomington
Plymouth, MN 79,220 124 1.1x
Woodbury, MN 78,305 120 1.1x
Lakeville, MN 74,354 122 1.1x
Eagan, MN 68,000 117 1.0x
Burnsville, MN 64,463 114 1.0x
Eden Prairie, MN 63,051 128 1.1x
Apple Valley, MN 55,679 114 1.0x
Edina, MN 53,262 141 1.3x
Minnetonka, MN 53,064 127 1.1x
St. Louis Park, MN 49,594 116 1.0x