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 114, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Inver Grove Heights has a cost of living index that's 1.1x higher than Minnesota's index of 101.
The standard of living in Inver Grove Heights ranks as #105 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Inver Grove Heights ranks as the #46 most expensive place in the North Star State.
For more reading on life in Inver Grove Heights, check out:
Inver Grove Heights Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Inver Grove Heights. Here is how it fares on each of the criteria:
The Services index in Inver Grove Heights is 100.
The Groceries index in Inver Grove Heights is 101.
The Health index in Inver Grove Heights is 145.
The Housing index in Inver Grove Heights is 96.
The Transportation index in Inver Grove Heights is 99.
The Utilities index in Inver Grove Heights is 100.
| Living Expense | Inver Grove Heights | Minnesota | National Average |
|---|---|---|---|
| Overall | 114 | 101 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 145 | 99 | 100 |
| Housing | 96 | 101 | 100 |
| Transportation | 99 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
Inver Grove Heights Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in Inver Grove Heights Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Inver Grove Heights, 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 2020-2024. The key points are:
The Median Home Value in Inver Grove Heights is $374,323.
The Median Rent in Inver Grove Heights is $1,465.
The Median Income in Inver Grove Heights is $101,316.
The Home Value To Income in Inver Grove Heights is 3.7x.
The Rent To Monthly Income in Inver Grove Heights is 0.17x.
| Statistic | Inver Grove Heights | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $374,323 | $346,667 | $332,700 |
| Median Rent | $1,465 | $1,280 | $1,413 |
| Median Income | $101,316 | $89,062 | $80,734 |
| Home Value To Income | 3.7x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.21x |
Inver Grove Heights, MN Costs By Category
Detailed Inver Grove Heights Services costs vs. Minnesota
| Item | Inver Grove Heights | 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 Inver Grove Heights Groceries costs vs. Minnesota
| Item | Inver Grove Heights | 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 Inver Grove Heights Health costs vs. Minnesota
| Item | Inver Grove Heights | Minnesota |
|---|---|---|
| Optometrist | $145.44 | $125.68 |
| Doctor | $229.08 | $135.78 |
| Dentist | $108.67 | $113.29 |
Detailed Inver Grove Heights Transportation costs vs. Minnesota
| Item | Inver Grove Heights | Minnesota |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $61.74 | $59.92 |
Detailed Inver Grove Heights Utilities costs vs. Minnesota
| Item | Inver Grove Heights | Minnesota |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $187.39 | $192.25 |
Inver Grove Heights SnackAbility
Cost Of Living In Cities Around Inver Grove Heights
The cost of living varies in the cities and towns around Inver Grove Heights. 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 120, 1.1x Inver Grove Heights.
Lakeville, MN has a cost of living index of 122, 1.1x Inver Grove Heights.
Eagan, MN has a cost of living index of 117, 1.0x Inver Grove Heights.
| City | Population | Cost Of Living | Vs. Inver Grove Heights |
|---|---|---|---|
| Woodbury, MN | 78,305 | 120 | 1.1x |
| Lakeville, MN | 74,354 | 122 | 1.1x |
| Eagan, MN | 68,000 | 117 | 1.0x |
| Eden Prairie, MN | 63,051 | 128 | 1.1x |
| Apple Valley, MN | 55,679 | 114 | 1.0x |
| Edina, MN | 53,262 | 141 | 1.2x |
| Rosemount, MN | 27,562 | 117 | 1.0x |
| Shoreview, MN | 26,714 | 116 | 1.0x |
| Golden Valley, MN | 21,725 | 122 | 1.1x |
| West St. Paul, MN | 21,382 | 103 | 0.9x |
