Cottage Grove, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 111, 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 #109 cheapest in Minnesota out of 147.

  • Cottage Grove ranks as the #4,219 cheapest out of 6,412 in the US.

  • The median home value in Cottage Grove is $282,000.

  • The median income in Cottage Grove is $108,887.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
111
Cottage Grove's Overall Cost Of Living
1.1x
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 111, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Cottage Grove has a cost of living index that's 1.2x higher than Minnesota's index of 95.

The standard of living in Cottage Grove ranks as #109 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Cottage Grove ranks as the #38 most expensive place in the North Star State.

For more reading on life in Cottage Grove, check out:

109 out of 147
In Minnesota
4,219 out of 6,412
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 115.

  • The Groceries index in Cottage Grove is 102.

  • The Health index in Cottage Grove is 103.

  • The Housing index in Cottage Grove is 120.

  • The Transportation index in Cottage Grove is 104.

  • The Utilities index in Cottage Grove is 97.

Living Expense Cottage Grove Minnesota National Average
Overall 111 95 100
Services 115 101 100
Groceries 102 98 100
Health 103 111 100
Housing 120 83 100
Transportation 104 98 100
Utilities 97 95 100
For more reading on cost of living around Minnesota, check out:
Cottage Grove Cost of Living Vs. MN

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 2017-2021. The key points are:

  • The Median Home Value in Cottage Grove is $282,000.

  • The Median Rent in Cottage Grove is $1,585.

  • The Median Income in Cottage Grove is $108,887.

  • The Home Value To Income in Cottage Grove is 2.6x.

  • The Rent To Monthly Income in Cottage Grove is 0.17x.

Statistic Cottage Grove Minnesota United States
Median Home Value $282,000 $250,200 $244,900
Median Rent $1,585 $1,081 $1,163
Median Income $108,887 $77,706 $69,021
Home Value To Income 2.6x 3.2x 3.5x
Rent To Monthly Income 0.17x 0.17x 0.2x
Search Homes For Sale In Cottage Grove, MN
$282,000
Median Home Value
$1,585
Median Rent
$108,887
Median Income

Cottage Grove, MN Costs By Category

Detailed Cottage Grove Services Costs Vs. Minnesota

Item Cottage Grove Minnesota
Shampoo $1.11 $1.06
Movie $10.55 $10.68
Bowling $25.79 $14.67
Haircut $25.21 $18.62
Beauty Salon $35.12 $39.05

Detailed Cottage Grove Groceries Costs Vs. Minnesota

Item Cottage Grove Minnesota
Ground Beef $4.45 $4.22
Fried Chicken $2.2 $1.39
Milk $2.59 $2.05
Potatoes $3.33 $3.29
Pizza $12.95 $10.62
Beer $9.01 $9.38
Toothpaste $3.37 $2.34

Detailed Cottage Grove Health Costs Vs. Minnesota

Item Cottage Grove Minnesota
Optometrist $90.27 $108.57
Doctor $148.38 $116.17
Dentist $86.91 $99.13

Detailed Cottage Grove Transportation Costs Vs. Minnesota

Item Cottage Grove Minnesota
Gasoline $2.06 $2.22
Tire Balancing $59.83 $50.07

Detailed Cottage Grove Utilities Costs Vs. Minnesota

Item Cottage Grove Minnesota
All Electricity $156.09 $167.67
Phone $182.1 $175.64

Cottage Grove SnackAbility

9.5
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
8
Diversity
8
Safety
8
Amenities
8
Education
9
Commute
7

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 116, 1.0x Cottage Grove.

  • Eagan, MN has a cost of living index of 112, 1.0x Cottage Grove.

City Population Cost Of Living Vs. Cottage Grove
Woodbury, MN 74,014 122 1.1x
Lakeville, MN 69,026 116 1.0x
Eagan, MN 68,205 112 1.0x
Apple Valley, MN 55,237 112 1.0x
Richfield, MN 36,899 104 0.9x
Inver Grove Heights, MN 35,539 106 1.0x
Rosemount, MN 25,513 113 1.0x
Farmington, MN 23,253 105 0.9x
Hastings, MN 22,063 104 0.9x
South St. Paul, MN 20,637 100 0.9x

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