What is the cost of living in Ramsey, MN?
According to the most recent data on the cost of living, Ramsey has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Ramsey has a cost of living index that's 1.1x higher than Minnesota's index of 101.
The standard of living in Ramsey ranks as #117 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Ramsey ranks as the #34 most expensive place in the North Star State.
For more reading on life in Ramsey, check out:
Ramsey Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Ramsey. Here is how it fares on each of the criteria:
The Services index in Ramsey is 102.
The Groceries index in Ramsey is 101.
The Health index in Ramsey is 149.
The Housing index in Ramsey is 99.
The Transportation index in Ramsey is 104.
The Utilities index in Ramsey is 100.
| Living Expense | Ramsey | Minnesota | National Average |
|---|---|---|---|
| Overall | 116 | 101 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 149 | 99 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
Ramsey 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 Ramsey Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Ramsey, 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 Ramsey is $381,242.
The Median Rent in Ramsey is $1,826.
The Median Income in Ramsey is $116,415.
The Home Value To Income in Ramsey is 3.3x.
The Rent To Monthly Income in Ramsey is 0.19x.
Ramsey, MN Costs By Category
Detailed Ramsey Services costs vs. Minnesota
Detailed Ramsey Groceries costs vs. Minnesota
Detailed Ramsey Health costs vs. Minnesota
Detailed Ramsey Transportation costs vs. Minnesota
Ramsey SnackAbility
Cost Of Living In Cities Around Ramsey
The cost of living varies in the cities and towns around Ramsey. 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 Ramsey.
Maple Grove, MN has a cost of living index of 117, 1.0x Ramsey.
Coon Rapids, MN has a cost of living index of 106, 0.9x Ramsey.
| City | Population | Cost Of Living | Vs. Ramsey |
|---|---|---|---|
| Plymouth, MN | 79,220 | 124 | 1.1x |
| Maple Grove, MN | 71,173 | 117 | 1.0x |
| Coon Rapids, MN | 63,468 | 106 | 0.9x |
| Andover, MN | 33,035 | 122 | 1.1x |
| Elk River, MN | 26,793 | 106 | 0.9x |
| Shoreview, MN | 26,714 | 116 | 1.0x |
| Champlin, MN | 23,294 | 111 | 1.0x |
| Otsego, MN | 22,245 | 116 | 1.0x |
| Lino Lakes, MN | 22,113 | 115 | 1.0x |
| Golden Valley, MN | 21,725 | 122 | 1.1x |
