What is the cost of living in North Oaks, MN?
According to the most recent data on the cost of living, North Oaks has an overall cost of living index of 173, which is 1.7x higher than the national index of 100.
Compared to Minnesota, North Oaks has a cost of living index that's 1.7x higher than Minnesota's index of 101.
The standard of living in North Oaks ranks as #150 most affordable out of the 151 places we measured in Minnesota. By definition, that implies North Oaks ranks as the #1 most expensive place in the North Star State.
For more reading on life in North Oaks, check out:
North Oaks Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in North Oaks. Here is how it fares on each of the criteria:
The Services index in North Oaks is 101.
The Groceries index in North Oaks is 101.
The Health index in North Oaks is 338.
The Housing index in North Oaks is 97.
The Transportation index in North Oaks is 101.
The Utilities index in North Oaks is 99.
| Living Expense | North Oaks | Minnesota | National Average |
|---|---|---|---|
| Overall | 173 | 101 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 338 | 99 | 100 |
| Housing | 97 | 101 | 100 |
| Transportation | 101 | 103 | 100 |
| Utilities | 99 | 101 | 100 |
North Oaks 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 North Oaks Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Oaks, 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 North Oaks is $936,794.
The Median Rent in North Oaks is $3,501.
The Median Income in North Oaks is $231,742.
The Home Value To Income in North Oaks is 4.0x.
The Rent To Monthly Income in North Oaks is 0.18x.
| Statistic | North Oaks | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $936,794 | $346,667 | $332,700 |
| Median Rent | $3,501 | $1,280 | $1,413 |
| Median Income | $231,742 | $89,062 | $80,734 |
| Home Value To Income | 4.0x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.21x |
North Oaks, MN Costs By Category
Detailed North Oaks Services costs vs. Minnesota
| Item | North Oaks | 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 North Oaks Groceries costs vs. Minnesota
| Item | North Oaks | 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 North Oaks Health costs vs. Minnesota
| Item | North Oaks | Minnesota |
|---|---|---|
| Optometrist | $145.44 | $125.68 |
| Doctor | $229.08 | $135.78 |
| Dentist | $108.67 | $113.29 |
Detailed North Oaks Transportation costs vs. Minnesota
| Item | North Oaks | Minnesota |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $61.74 | $59.92 |
Detailed North Oaks Utilities costs vs. Minnesota
| Item | North Oaks | Minnesota |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $187.39 | $192.25 |
North Oaks SnackAbility
Cost Of Living In Cities Around North Oaks
The cost of living varies in the cities and towns around North Oaks. 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, 0.7x North Oaks.
Woodbury, MN has a cost of living index of 120, 0.7x North Oaks.
Maple Grove, MN has a cost of living index of 117, 0.7x North Oaks.
| City | Population | Cost Of Living | Vs. North Oaks |
|---|---|---|---|
| Plymouth, MN | 79,220 | 124 | 0.7x |
| Woodbury, MN | 78,305 | 120 | 0.7x |
| Maple Grove, MN | 71,173 | 117 | 0.7x |
| Edina, MN | 53,262 | 141 | 0.8x |
| Shoreview, MN | 26,714 | 116 | 0.7x |
| White Bear Lake, MN | 23,908 | 108 | 0.6x |
| Champlin, MN | 23,294 | 111 | 0.6x |
| Lino Lakes, MN | 22,113 | 115 | 0.7x |
| Golden Valley, MN | 21,725 | 122 | 0.7x |
| Lake Elmo, MN | 13,140 | 132 | 0.8x |
