What is the cost of living in Otsego, MN?
According to the most recent data on the cost of living, Otsego has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Otsego has a cost of living index that's 1.1x higher than Minnesota's index of 101.
The standard of living in Otsego ranks as #117 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Otsego ranks as the #34 most expensive place in the North Star State.
For more reading on life in Otsego, check out:
Otsego Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Otsego. Here is how it fares on each of the criteria:
The Services index in Otsego is 101.
The Groceries index in Otsego is 102.
The Health index in Otsego is 152.
The Housing index in Otsego is 100.
The Transportation index in Otsego is 103.
The Utilities index in Otsego is 99.
| Living Expense | Otsego | Minnesota | National Average |
|---|---|---|---|
| Overall | 116 | 101 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 152 | 99 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 103 | 103 | 100 |
| Utilities | 99 | 101 | 100 |
Otsego 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 Otsego Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Otsego, 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 Otsego is $418,193.
The Median Rent in Otsego is $1,765.
The Median Income in Otsego is $119,927.
The Home Value To Income in Otsego is 3.5x.
The Rent To Monthly Income in Otsego is 0.18x.
Otsego, MN Costs By Category
Detailed Otsego Services costs vs. Minnesota
Detailed Otsego Groceries costs vs. Minnesota
Detailed Otsego Health costs vs. Minnesota
Detailed Otsego Transportation costs vs. Minnesota
Otsego SnackAbility
Cost Of Living In Cities Around Otsego
The cost of living varies in the cities and towns around Otsego. 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 Otsego.
Maple Grove, MN has a cost of living index of 117, 1.0x Otsego.
Andover, MN has a cost of living index of 122, 1.1x Otsego.
| City | Population | Cost Of Living | Vs. Otsego |
|---|---|---|---|
| Plymouth, MN | 79,220 | 124 | 1.1x |
| Maple Grove, MN | 71,173 | 117 | 1.0x |
| Andover, MN | 33,035 | 122 | 1.1x |
| Ramsey, MN | 28,421 | 116 | 1.0x |
| Elk River, MN | 26,793 | 106 | 0.9x |
| Champlin, MN | 23,294 | 111 | 1.0x |
| New Hope, MN | 21,181 | 110 | 0.9x |
| St. Michael, MN | 20,010 | 112 | 1.0x |
| Monticello, MN | 14,858 | 105 | 0.9x |
| Rogers, MN | 13,685 | 124 | 1.1x |
