Champlin, MN Cost Of Living
Cost Of Living In Champlin, MN Summary
Cost of living in Champlin 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 Champlin 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 Champlin is 110, with 100 being the average.
The cost of living index in Champlin is 1.1x higher than the national average.
Champlin ranks as the #103 cheapest in Minnesota out of 147.
Champlin ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Champlin is $271,300.
The median income in Champlin is $104,200.
Table Of Contents
Champlin's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Champlin, MN?
According to the most recent data on the cost of living, Champlin has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Champlin has a cost of living index that's 1.2x higher than Minnesota's index of 95.
The standard of living in Champlin ranks as #103 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Champlin ranks as the #44 most expensive place in the North Star State.
For more reading on life in Champlin, check out:
- Living In Champlin
- Champlin Crime Report
- Search Homes For Sale In Champlin, MN
In Minnesota
In America
Champlin Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Champlin. Here is how it fairs on each of the criteria:
The Services index in Champlin is 113.
The Groceries index in Champlin is 102.
The Health index in Champlin is 102.
The Housing index in Champlin is 112.
The Transportation index in Champlin is 99.
The Utilities index in Champlin is 98.
| Living Expense | Champlin | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 110 | 95 | 100 | |
| Services | 113 | 101 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 102 | 111 | 100 | |
| Housing | 112 | 83 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 98 | 95 | 100 | |
Champlin, 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 2017-2021. The key points are:
The Median Home Value in Champlin is $271,300.
The Median Rent in Champlin is $1,362.
The Median Income in Champlin is $104,200.
The Home Value To Income in Champlin is 2.6x.
The Rent To Monthly Income in Champlin is 0.16x.
| Statistic | Champlin | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $271,300 | $250,200 | $244,900 |
| Median Rent | $1,362 | $1,081 | $1,163 |
| Median Income | $104,200 | $77,706 | $69,021 |
| Home Value To Income | 2.6x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Champlin, MN Costs By Category
Detailed Champlin Services Costs Vs. Minnesota
Detailed Champlin Groceries Costs Vs. Minnesota
Detailed Champlin Health Costs Vs. Minnesota
Detailed Champlin Transportation Costs Vs. Minnesota
Detailed Champlin Utilities Costs Vs. Minnesota
Champlin SnackAbility
/10
Cost Of Living In Cities Around Champlin
The cost of living varies in the cities and towns around Champlin. Here's a quick look at the cost of living in the most populous nearby places:
Brooklyn Park, MN has a cost of living index of 105, 1.0x Champlin.
Plymouth, MN has a cost of living index of 122, 1.1x Champlin.
Maple Grove, MN has a cost of living index of 117, 1.1x Champlin.
| City | Population | Cost Of Living | Vs. Champlin |
|---|---|---|---|
| Brooklyn Park, MN | 85,247 | 105 | 1.0x |
| Plymouth, MN | 80,034 | 122 | 1.1x |
| Maple Grove, MN | 69,900 | 117 | 1.1x |
| Coon Rapids, MN | 63,269 | 102 | 0.9x |
| Minnetonka, MN | 53,809 | 121 | 1.1x |
| Edina, MN | 53,059 | 135 | 1.2x |
| Brooklyn Center, MN | 33,298 | 100 | 0.9x |
| Andover, MN | 32,471 | 114 | 1.0x |
| Ramsey, MN | 27,409 | 109 | 1.0x |
| Shoreview, MN | 26,871 | 110 | 1.0x |
