New Prague, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
106
New Prague'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 New Prague is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in New Prague, MN?

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

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

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

For more reading on life in New Prague, check out:

New Prague Cost Of Living Vs. Minnesota

Living Expense New Prague Minnesota National Average
Overall 106 104 100
Services 109 106 100
Groceries 104 102 100
Health 101 113 100
Housing 105 101 100
Transportation 102 102 100
Utilities 98 98 100
For more reading on cost of living around Minnesota, check out:
New Prague Cost of Living Vs. MN

New Prague, 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.

$264,400
Median Home Value
$902
Median Rent
$81,837
Median Income
Statistic New Prague Minnesota United States
Median Home Value $264,400 $235,700 $229,800
Median Rent $902 $1,010 $1,096
Median Income $81,837 $73,382 $64,994
Home Value To Income 3.2x 3.2x 3.5x
Rent To Monthly Income 0.13x 0.17x 0.2x

Detailed New Prague Services Costs Vs. Minnesota

Item New Prague Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67

Detailed New Prague Groceries Costs Vs. Minnesota

Item New Prague Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05

Detailed New Prague Health Costs Vs. Minnesota

Item New Prague Minnesota
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05
Toothpaste $3.36 $2.34

Detailed New Prague Transportation Costs Vs. Minnesota

Item New Prague Minnesota
Potatoes $3.32 $3.29
Pizza $12.99 $10.62
Beer $8.96 $9.38
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed New Prague Utilities Costs Vs. Minnesota

Item New Prague Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07
All Electricity $160.63 $167.67
Phone $180.98 $175.64

New Prague SnackAbility

9.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
6
Safety
8
Amenities
8.5
Education
8.5
Commute
4

Cost Of Living In Cities Around New Prague

City Population Cost Of Living Vs. New Prague
Lakeville, MN 65,710 116 1.1x
Shakopee, MN 41,423 108 1.0x
Savage, MN 31,758 113 1.1x
Prior Lake, MN 26,775 115 1.1x
Chaska, MN 26,753 110 1.0x
Belle Plaine, MN 7,137 97 0.9x
Jordan, MN 6,289 108 1.0x
Carver, MN 5,438 120 1.1x

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