Corcoran, MN Cost Of Living

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

Cost of living in Corcoran, Minnesota

Cost of living in Corcoran 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 Corcoran 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:

131 Cost of living index 1.3x higher vs US
#143 Cheapest in Minnesota (of 151)
#4,978 Cheapest in the U.S. (of 6,489)
$601,129 Median home value
- Median rent
$133,423 Median income
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What is the cost of living in Corcoran, MN?

According to the most recent data on the cost of living, Corcoran has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.

Compared to Minnesota, Corcoran has a cost of living index that's 1.3x higher than Minnesota's index of 101.

The standard of living in Corcoran ranks as #143 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Corcoran ranks as the #8 most expensive place in the North Star State.

For more reading on life in Corcoran, check out:

Corcoran Cost Of Living Vs. Minnesota

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

  • The Services index in Corcoran is 99.

  • The Groceries index in Corcoran is 100.

  • The Health index in Corcoran is 199.

  • The Housing index in Corcoran is 101.

  • The Transportation index in Corcoran is 105.

  • The Utilities index in Corcoran is 97.

Living Expense Corcoran Minnesota National Average
Overall 131 101 100
Services 99 101 100
Groceries 100 99 100
Health 199 99 100
Housing 101 101 100
Transportation 105 103 100
Utilities 97 101 100

Corcoran Cost Of Living Compared To Minnesota Averages

Services
Corcoran 99
Minnesota avg 101
Groceries
Corcoran 100
Minnesota avg 99
Health
Corcoran 199
Minnesota avg 99
Housing
Corcoran 101
Minnesota avg 101
Transportation
Corcoran 105
Minnesota avg 103
Utilities
Corcoran 97
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

Corcoran, MN Housing Cost Breakdown

$601,129Median Home Value
-Median Rent
$133,423Median 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 Corcoran is $601,129.

  • The Median Rent in Corcoran is -.

  • The Median Income in Corcoran is $133,423.

  • The Home Value To Income in Corcoran is 4.5x.

  • The Rent To Monthly Income in Corcoran is nanx.

Statistic Corcoran Minnesota United States
Median Home Value $601,129 $346,667 $332,700
Median Rent - $1,280 $1,413
Median Income $133,423 $89,062 $80,734
Home Value To Income 4.5x 3.9x 4.1x
Rent To Monthly Income nanx 0.17x 0.21x

Corcoran, MN Costs By Category

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

Corcoran SnackAbility

6Overall SnackAbility
Jobs 9.5/10
Housing 9/10
Affordability 8.5/10
Diversity 5/10
Safety 9.5/10
Amenities 6/10
Education 8.5/10
Commute 6/10

Cost Of Living In Cities Around Corcoran

The cost of living varies in the cities and towns around Corcoran. 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, 0.9x Corcoran.

  • Maple Grove, MN has a cost of living index of 117, 0.9x Corcoran.

  • Eden Prairie, MN has a cost of living index of 128, 1.0x Corcoran.

City Population Cost Of Living Vs. Corcoran
Plymouth, MN 79,220 124 0.9x
Maple Grove, MN 71,173 117 0.9x
Eden Prairie, MN 63,051 128 1.0x
Edina, MN 53,262 141 1.1x
Minnetonka, MN 53,064 127 1.0x
Champlin, MN 23,294 111 0.8x
Golden Valley, MN 21,725 122 0.9x
Rogers, MN 13,685 124 0.9x
Dayton, MN 9,095 123 0.9x
Minnetrista, MN 8,708 147 1.1x