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Cost of Living in Minnesota (MN)

The cost of living in Minnesota is lower than the national average. State of Minnesota salaries average $54,297.00, indicating a pay rate that is higher than the U.S. average annual salary by $676.00. The consumer price index (CPI) of 241 in Minnesota is 1.63% lower than the U.S. city average CPI of 245. The sales tax is 6.88%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Minnesota annual salary, sales tax rates and the regional consumer price index.


Minnesota Consumer Price Index (CPI):
CPI
Minnesota
241
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
Minnesota
$54,297
U.S. City Average
$53,621
Consumption Categories in Minnesota versus National Average:
Category Percentage Versus National Average
Education 23.61%
0%
90.91%
Healthcare 11.53%
0%
44.40%
Groceries 8.29%
0%
31.92%
Rent -12.04%
46.36%
0%
Mortgage -1.00%
3.85%
0%
Electricity -8.87%
34.15%
0%
Gasoline -4.11%
15.83%
0%


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