Bloomington, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
107
Bloomington's Overall Cost Of Living
1.1x
Higher Than The National Average
89 out of 147
In Minnesota
3,867 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Bloomington is expensive, while a number below 100 means it's a relatively cheap place to live.

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 107 which is 1.1x higher than the national index of 100.

Compared to only Minnesota, Bloomington has a cost of living index that's 1.0x higher than Minnesota's index of 104.

The standard of living in Bloomington ranks as #3,868 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Bloomington ranks as the #2,551 most expensive place in the North Star State.

For more reading on life in Bloomington, check out:

Bloomington Cost Of Living Vs. Minnesota

Living Expense Bloomington Minnesota National Average
Overall 107 104 100
Services 110 106 100
Groceries 102 102 100
Health 101 113 100
Housing 116 101 100
Transportation 100 102 100
Utilities 95 98 100
For more reading on cost of living around Minnesota, check out:
Bloomington Cost of Living Vs. MN

Bloomington, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$265,700
Median Home Value
$1,220
Median Rent
$78,224
Median Income
Statistic Bloomington Minnesota United States
Median Home Value $265,700 $235,700 $229,800
Median Rent $1,220 $1,010 $1,096
Median Income $78,224 $73,382 $64,994
Home Value To Income 3.4x 3.2x 3.5x
Rent To Monthly Income 0.19x 0.17x 0.2x

Detailed Bloomington Services Costs Vs. Minnesota

Item Bloomington Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67

Detailed Bloomington Groceries Costs Vs. Minnesota

Item Bloomington Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05

Detailed Bloomington Health Costs Vs. Minnesota

Item Bloomington Minnesota
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05
Toothpaste $3.36 $2.34

Detailed Bloomington Transportation Costs Vs. Minnesota

Item Bloomington Minnesota
Potatoes $3.32 $3.29
Pizza $12.99 $10.62
Beer $8.96 $9.38
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed Bloomington Utilities Costs Vs. Minnesota

Item Bloomington Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07
All Electricity $160.63 $167.67
Phone $180.98 $175.64

Bloomington SnackAbility

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

Cost Of Living In Cities Around Bloomington

City Population Cost Of Living Vs. Bloomington
Plymouth, MN 78,879 122 1.1x
Woodbury, MN 71,298 122 1.1x
Eagan, MN 66,377 112 1.0x
Lakeville, MN 65,710 116 1.1x
Eden Prairie, MN 64,481 121 1.1x
Burnsville, MN 61,536 110 1.0x
Minnetonka, MN 53,760 121 1.1x
Apple Valley, MN 53,728 112 1.0x
Edina, MN 52,215 135 1.3x
St. Louis Park, MN 48,874 113 1.1x

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