Fridley, MN Cost Of Living
Cost Of Living In Fridley, MN Summary
Cost of living in Fridley 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 Fridley 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 Fridley is 103, with 100 being the average.
The cost of living index in Fridley is 1.0x higher than the national average.
Fridley ranks as the #65 cheapest in Minnesota out of 147.
Fridley ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Fridley is $224,700.
The median income in Fridley is $68,910.
Table Of Contents
Fridley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fridley, MN?
According to the most recent data on the cost of living, Fridley has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Minnesota, Fridley has a cost of living index that's 1.1x higher than Minnesota's index of 95.
The standard of living in Fridley ranks as #65 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Fridley ranks as the #82 most expensive place in the North Star State.
For more reading on life in Fridley, check out:
- Living In Fridley
- Fridley Crime Report
- Search Homes For Sale In Fridley, MN
In Minnesota
In America
Fridley Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Fridley. Here is how it fairs on each of the criteria:
The Services index in Fridley is 110.
The Groceries index in Fridley is 102.
The Health index in Fridley is 101.
The Housing index in Fridley is 94.
The Transportation index in Fridley is 102.
The Utilities index in Fridley is 99.
| Living Expense | Fridley | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 103 | 95 | 100 | |
| Services | 110 | 101 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 101 | 111 | 100 | |
| Housing | 94 | 83 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 99 | 95 | 100 | |
Fridley, 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 Fridley is $224,700.
The Median Rent in Fridley is $1,141.
The Median Income in Fridley is $68,910.
The Home Value To Income in Fridley is 3.3x.
The Rent To Monthly Income in Fridley is 0.2x.
| Statistic | Fridley | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $224,700 | $250,200 | $244,900 |
| Median Rent | $1,141 | $1,081 | $1,163 |
| Median Income | $68,910 | $77,706 | $69,021 |
| Home Value To Income | 3.3x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Fridley, MN Costs By Category
Detailed Fridley Services Costs Vs. Minnesota
Detailed Fridley Groceries Costs Vs. Minnesota
Detailed Fridley Health Costs Vs. Minnesota
Detailed Fridley Transportation Costs Vs. Minnesota
Detailed Fridley Utilities Costs Vs. Minnesota
Fridley SnackAbility
/10
Cost Of Living In Cities Around Fridley
The cost of living varies in the cities and towns around Fridley. 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 Fridley.
Plymouth, MN has a cost of living index of 122, 1.2x Fridley.
Maple Grove, MN has a cost of living index of 117, 1.1x Fridley.
| City | Population | Cost Of Living | Vs. Fridley |
|---|---|---|---|
| Brooklyn Park, MN | 85,247 | 105 | 1.0x |
| Plymouth, MN | 80,034 | 122 | 1.2x |
| Maple Grove, MN | 69,900 | 117 | 1.1x |
| Eden Prairie, MN | 64,048 | 121 | 1.2x |
| Minnetonka, MN | 53,809 | 121 | 1.2x |
| Edina, MN | 53,059 | 135 | 1.3x |
| Brooklyn Center, MN | 33,298 | 100 | 1.0x |
| Shoreview, MN | 26,871 | 110 | 1.1x |
| Champlin, MN | 23,877 | 110 | 1.1x |
| New Brighton, MN | 23,293 | 110 | 1.1x |
