Inver Grove Heights, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
106
Inver Grove Heights's Overall Cost Of Living
1.1x
Higher Than The National Average
83 out of 147
In Minnesota
3,772 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Inver Grove Heights is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Inver Grove Heights, MN?

According to the most recent data on the cost of living, Inver Grove Heights has an overall cost of living index of 106 which is 1.1x higher than the national index of 100.

Compared to only Minnesota, Inver Grove Heights has a cost of living index that's 1.0x higher than Minnesota's index of 104.

The standard of living in Inver Grove Heights ranks as #3,773 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Inver Grove Heights ranks as the #2,646 most expensive place in the North Star State.

Inver Grove Heights Cost Of Living Vs. Minnesota

Living Expense Inver Grove Heights Minnesota National Average
Overall 106 104 100
Services 113 106 100
Groceries 101 102 100
Health 104 113 100
Housing 112 101 100
Transportation 100 102 100
Utilities 95 98 100
For more reading on cost of living around Minnesota, check out:
Inver Grove Heights Cost of Living Vs. MN

Inver Grove Heights, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$273,000
Median Home Value
$1,214
Median Rent
$83,155
Median Income
Statistic Inver Grove Heights Minnesota United States
Median Home Value $273,000 $235,700 $229,800
Median Rent $1,214 $1,010 $1,096
Median Income $83,155 $73,382 $64,994
Home Value To Income 3.3x 3.2x 3.5x
Rent To Monthly Income 0.18x 0.17x 0.2x

Detailed Inver Grove Heights Services Costs Vs. Minnesota

Item Inver Grove Heights Minnesota
Shampoo $1.11 $1.06
Movie $10.55 $10.68
Bowling $25.79 $14.67

Detailed Inver Grove Heights Groceries Costs Vs. Minnesota

Item Inver Grove Heights Minnesota
Ground Beef $4.45 $4.22
Fried Chicken $2.2 $1.39
Milk $2.59 $2.05

Detailed Inver Grove Heights Health Costs Vs. Minnesota

Item Inver Grove Heights Minnesota
Haircut $25.21 $18.62
Beauty Salon $35.12 $39.05
Toothpaste $3.37 $2.34

Detailed Inver Grove Heights Transportation Costs Vs. Minnesota

Item Inver Grove Heights Minnesota
Potatoes $3.33 $3.29
Pizza $12.95 $10.62
Beer $9.01 $9.38
Optometrist $90.27 $108.57
Doctor $148.38 $116.17
Dentist $86.91 $99.13

Detailed Inver Grove Heights Utilities Costs Vs. Minnesota

Item Inver Grove Heights Minnesota
Gasoline $2.06 $2.22
Tire Balancing $59.83 $50.07
All Electricity $156.09 $167.67
Phone $182.1 $175.64

Inver Grove Heights SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
6
Amenities
8.5
Education
8.5
Commute
8

Cost Of Living In Cities Around Inver Grove Heights

City Population Cost Of Living Vs. Inver Grove Heights
Woodbury, MN 71,298 122 1.2x
Eagan, MN 66,377 112 1.1x
Lakeville, MN 65,710 116 1.1x
Eden Prairie, MN 64,481 121 1.1x
Apple Valley, MN 53,728 112 1.1x
Edina, MN 52,215 135 1.3x
Shoreview, MN 26,922 110 1.0x
Rosemount, MN 24,792 113 1.1x
Golden Valley, MN 21,611 116 1.1x
South St. Paul, MN 20,132 100 0.9x

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