Litchfield, MN Cost Of Living
What is the cost of living in Litchfield, MN?
According to the most recent data on the cost of living, Litchfield has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.
Compared to only Minnesota, Litchfield has a cost of living index that's 0.9x lower than Minnesota's index of 104.
The standard of living in Litchfield ranks as #2809 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies Litchfield ranks as the #3597 most expensive place in the North Star State.
Litchfield Cost Of Living Vs. Minnesota
| Living Expense | Litchfield | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 97 | 104 | 100 | |
| Services | 112 | 109 | 100 | |
| Groceries | 116 | 106 | 100 | |
| Health | 115 | 110 | 100 | |
| Housing | 69 | 100 | 100 | |
| Transportation | 95 | 100 | 100 | |
| Utilities | 100 | 98 | 100 | |
Litchfield, 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.
| Statistic | Litchfield | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $127,400 | $211,800 | $204,900 |
| Median Rent | $751 | $944 | $1,023 |
| Median Income | $53,941 | $68,411 | $60,293 |
| Home Value To Income | 2.4x | 3.1x | 3.4x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Litchfield SnackAbility
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Cost Of Living In Cities Around Litchfield
| City | Population | Cost Of Living | Vs. Litchfield | St. Michael, MN | 17,328 | 115 | 1.2x | Rogers, MN | 12,777 | 119 | 1.2x | Waconia, MN | 11,981 | 112 | 1.2x | Mound, MN | 9,412 | 109 | 1.1x | Victoria, MN | 9,032 | 129 | 1.3x | Orono, MN | 8,015 | 157 | 1.6x | Shorewood, MN | 7,752 | 135 | 1.4x | Minnetrista, MN | 7,408 | 145 | 1.5x | St. Joseph, MN | 6,938 | 101 | 1.0x | Grove, OK | 6,862 | 88 | 0.9x |
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