Cost of living in Coon Rapids 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 Coon Rapids 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 Coon Rapids is 103, with 100 being the average.
The cost of living index in Coon Rapids is 1.0x higher than the national average.
Coon Rapids ranks as the #64 cheapest in Minnesota out of 148.
Coon Rapids ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Coon Rapids is $326,194.
The median income in Coon Rapids is $86,618.
According to the most recent data on the cost of living, Coon Rapids has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Minnesota, Coon Rapids has a cost of living index that's 1.0x higher than Minnesota's index of 100.
The standard of living in Coon Rapids ranks as #64 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Coon Rapids ranks as the #84 most expensive place in the North Star State.
For more reading on life in Coon Rapids, check out:
Six factors go into calculating the cost of living index in Coon Rapids. Here is how it fairs on each of the criteria:
The Services index in Coon Rapids is 95.
The Groceries index in Coon Rapids is 98.
The Health index in Coon Rapids is 99.
The Housing index in Coon Rapids is 122.
The Transportation index in Coon Rapids is 99.
The Utilities index in Coon Rapids is 93.
| Living Expense | Coon Rapids | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 103 | 100 | 100 | |
| Services | 95 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 99 | 111 | 100 | |
| Housing | 122 | 102 | 100 | |
| Transportation | 99 | 97 | 100 | |
| Utilities | 93 | 95 | 100 | |
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 Coon Rapids is $326,194.
The Median Rent in Coon Rapids is $1,418.
The Median Income in Coon Rapids is $86,618.
The Home Value To Income in Coon Rapids is 3.8x.
The Rent To Monthly Income in Coon Rapids is 0.2x.
| Statistic | Coon Rapids | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $326,194 | $344,484 | $303,400 |
| Median Rent | $1,418 | $1,235 | $1,348 |
| Median Income | $86,618 | $87,556 | $78,538 |
| Home Value To Income | 3.8x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.17x | 0.21x |
| Item | Coon Rapids | Minnesota |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $11.32 | $12.13 |
| Bowling | $25.68 | $18.0 |
| Haircut | $25.86 | $24.26 |
| Beauty Salon | $37.0 | $45.56 |
| Item | Coon Rapids | 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 |
| Item | Coon Rapids | Minnesota |
|---|---|---|
| Optometrist | $112.72 | $125.68 |
| Doctor | $164.15 | $135.78 |
| Dentist | $95.01 | $113.29 |
| Item | Coon Rapids | Minnesota |
|---|---|---|
| Gasoline | $3.32 | $3.46 |
| Tire Balancing | $59.91 | $59.92 |
| Item | Coon Rapids | Minnesota |
|---|---|---|
| All Electricity | $180.11 | $193.99 |
| Phone | $187.59 | $192.25 |
The cost of living varies in the cities and towns around Coon Rapids. 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 103, 1.0x Coon Rapids.
Plymouth, MN has a cost of living index of 124, 1.2x Coon Rapids.
Blaine, MN has a cost of living index of 110, 1.1x Coon Rapids.
| City | Population | Cost Of Living | Vs. Coon Rapids |
|---|---|---|---|
| Brooklyn Park, MN | 84,349 | 103 | 1.0x |
| Plymouth, MN | 79,526 | 124 | 1.2x |
| Blaine, MN | 71,261 | 110 | 1.1x |
| Maple Grove, MN | 70,539 | 118 | 1.1x |
| Minnetonka, MN | 53,256 | 120 | 1.2x |
| Edina, MN | 53,125 | 139 | 1.3x |
| Andover, MN | 32,825 | 119 | 1.2x |
| Fridley, MN | 29,944 | 99 | 1.0x |
| Shoreview, MN | 26,724 | 111 | 1.1x |
| Champlin, MN | 23,450 | 110 | 1.1x |