New Brighton, MN Cost Of Living
Cost Of Living In New Brighton, MN Summary
Cost of living in New Brighton 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 New Brighton 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 New Brighton is 109, with 100 being the average.
The cost of living index in New Brighton is 1.1x higher than the national average.
New Brighton ranks as the #93 cheapest in Minnesota out of 148.
New Brighton ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in New Brighton is $372,663.
The median income in New Brighton is $87,272.
Table Of Contents
New Brighton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in New Brighton, MN?
According to the most recent data on the cost of living, New Brighton has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Minnesota, New Brighton has a cost of living index that's 1.1x higher than Minnesota's index of 97.
The standard of living in New Brighton ranks as #93 most affordable out of the 148 places we measured in Minnesota. By definition, that implies New Brighton ranks as the #55 most expensive place in the North Star State.
For more reading on life in New Brighton, check out:
In Minnesota
In America
New Brighton Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in New Brighton. Here is how it fairs on each of the criteria:
The Services index in New Brighton is 96.
The Groceries index in New Brighton is 97.
The Health index in New Brighton is 99.
The Housing index in New Brighton is 136.
The Transportation index in New Brighton is 99.
The Utilities index in New Brighton is 97.
| Living Expense | New Brighton | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 109 | 97 | 100 | |
| Services | 96 | 101 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 99 | 110 | 100 | |
| Housing | 136 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 97 | 94 | 100 | |
New Brighton, 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 2019-2023. The key points are:
The Median Home Value in New Brighton is $372,663.
The Median Rent in New Brighton is $1,327.
The Median Income in New Brighton is $87,272.
The Home Value To Income in New Brighton is 4.3x.
The Rent To Monthly Income in New Brighton is 0.18x.
| Statistic | New Brighton | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $372,663 | $344,484 | $303,400 |
| Median Rent | $1,327 | $1,235 | $1,348 |
| Median Income | $87,272 | $87,556 | $78,538 |
| Home Value To Income | 4.3x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
New Brighton, MN Costs By Category
Detailed New Brighton Services Costs Vs. Minnesota
| Item | New Brighton | Minnesota |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $11.32 | $12.13 |
| Bowling | $25.68 | $18 |
| Haircut | $25.86 | $24.26 |
| Beauty Salon | $37.0 | $45.56 |
Detailed New Brighton Groceries Costs Vs. Minnesota
| Item | New Brighton | Minnesota |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.76 | $4.93 |
| Pizza | $13.0 | $12.09 |
| Beer | $9.44 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed New Brighton Health Costs Vs. Minnesota
| Item | New Brighton | Minnesota |
|---|---|---|
| Optometrist | $112.72 | $125.68 |
| Doctor | $164.15 | $135.78 |
| Dentist | $95.01 | $113.29 |
Detailed New Brighton Transportation Costs Vs. Minnesota
| Item | New Brighton | Minnesota |
|---|---|---|
| Gasoline | $3.32 | $3.46 |
| Tire Balancing | $59.91 | $59.92 |
Detailed New Brighton Utilities Costs Vs. Minnesota
| Item | New Brighton | Minnesota |
|---|---|---|
| All Electricity | $180.11 | $193.99 |
| Phone | $187.59 | $192.25 |
New Brighton SnackAbility
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Cost Of Living In Cities Around New Brighton
The cost of living varies in the cities and towns around New Brighton. Here's a quick look at the cost of living in the most populous nearby places:
Plymouth, MN has a cost of living index of 124, 1.1x New Brighton.
Woodbury, MN has a cost of living index of 122, 1.1x New Brighton.
Maple Grove, MN has a cost of living index of 118, 1.1x New Brighton.
| City | Population | Cost Of Living | Vs. New Brighton |
|---|---|---|---|
| Plymouth, MN | 79,526 | 124 | 1.1x |
| Woodbury, MN | 76,945 | 122 | 1.1x |
| Maple Grove, MN | 70,539 | 118 | 1.1x |
| Eden Prairie, MN | 63,249 | 124 | 1.1x |
| Minnetonka, MN | 53,256 | 120 | 1.1x |
| Edina, MN | 53,125 | 139 | 1.3x |
| Roseville, MN | 35,905 | 108 | 1.0x |
| Fridley, MN | 29,944 | 99 | 0.9x |
| Shoreview, MN | 26,724 | 111 | 1.0x |
| Champlin, MN | 23,450 | 110 | 1.0x |
