Cottage Grove, MN Cost Of Living
Cost Of Living In Cottage Grove, MN Summary
Cost of living in Cottage Grove 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 Cottage Grove 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 Cottage Grove is 110, with 100 being the average.
The cost of living index in Cottage Grove is 1.1x higher than the national average.
Cottage Grove ranks as the #98 cheapest in Minnesota out of 148.
Cottage Grove ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Cottage Grove is $389,799.
The median income in Cottage Grove is $121,452.
Table Of Contents
Cottage Grove's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cottage Grove, MN?
According to the most recent data on the cost of living, Cottage Grove has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Cottage Grove has a cost of living index that's 1.1x higher than Minnesota's index of 97.
The standard of living in Cottage Grove ranks as #98 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Cottage Grove ranks as the #50 most expensive place in the North Star State.
For more reading on life in Cottage Grove, check out:
In Minnesota
In America
Cottage Grove Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Cottage Grove. Here is how it fairs on each of the criteria:
The Services index in Cottage Grove is 98.
The Groceries index in Cottage Grove is 101.
The Health index in Cottage Grove is 103.
The Housing index in Cottage Grove is 147.
The Transportation index in Cottage Grove is 99.
The Utilities index in Cottage Grove is 95.
| Living Expense | Cottage Grove | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 110 | 97 | 100 | |
| Services | 98 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 103 | 110 | 100 | |
| Housing | 147 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 95 | 94 | 100 | |
Cottage Grove, 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 2019-2023. The key points are:
The Median Home Value in Cottage Grove is $389,799.
The Median Rent in Cottage Grove is $1,644.
The Median Income in Cottage Grove is $121,452.
The Home Value To Income in Cottage Grove is 3.2x.
The Rent To Monthly Income in Cottage Grove is 0.16x.
| Statistic | Cottage Grove | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $389,799 | $344,484 | $303,400 |
| Median Rent | $1,644 | $1,235 | $1,348 |
| Median Income | $121,452 | $87,556 | $78,538 |
| Home Value To Income | 3.2x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Cottage Grove, MN Costs By Category
Detailed Cottage Grove Services Costs Vs. Minnesota
| Item | Cottage Grove | Minnesota |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $13.47 | $12.13 |
| Bowling | $21.5 | $18 |
| Haircut | $28.67 | $24.26 |
| Beauty Salon | $34.55 | $45.56 |
Detailed Cottage Grove Groceries Costs Vs. Minnesota
| Item | Cottage Grove | Minnesota |
|---|---|---|
| Ground Beef | $5.49 | $5.84 |
| Fried Chicken | $1.35 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $9.36 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Cottage Grove Health Costs Vs. Minnesota
| Item | Cottage Grove | Minnesota |
|---|---|---|
| Optometrist | $145.44 | $125.68 |
| Doctor | $229.08 | $135.78 |
| Dentist | $108.67 | $113.29 |
Detailed Cottage Grove Transportation Costs Vs. Minnesota
| Item | Cottage Grove | Minnesota |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $61.74 | $59.92 |
Detailed Cottage Grove Utilities Costs Vs. Minnesota
| Item | Cottage Grove | Minnesota |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $187.39 | $192.25 |
Cottage Grove SnackAbility
/10
Cost Of Living In Cities Around Cottage Grove
The cost of living varies in the cities and towns around Cottage Grove. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 122, 1.1x Cottage Grove.
Lakeville, MN has a cost of living index of 119, 1.1x Cottage Grove.
Eagan, MN has a cost of living index of 115, 1.0x Cottage Grove.
| City | Population | Cost Of Living | Vs. Cottage Grove |
|---|---|---|---|
| Woodbury, MN | 76,945 | 122 | 1.1x |
| Lakeville, MN | 72,480 | 119 | 1.1x |
| Eagan, MN | 68,158 | 115 | 1.0x |
| Apple Valley, MN | 55,696 | 111 | 1.0x |
| Richfield, MN | 36,725 | 104 | 0.9x |
| Inver Grove Heights, MN | 35,772 | 112 | 1.0x |
| Rosemount, MN | 26,509 | 115 | 1.0x |
| Farmington, MN | 23,675 | 111 | 1.0x |
| Hastings, MN | 22,050 | 103 | 0.9x |
| South St. Paul, MN | 20,633 | 102 | 0.9x |
