Apple Valley, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Apple Valley, MN Summary

Cost of living in Apple Valley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Apple Valley is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Apple Valley is 112, with 100 being the average.

  • The cost of living index in Apple Valley is 1.1x higher than the national average.

  • Apple Valley ranks as the #113 cheapest in Minnesota out of 147.

  • Apple Valley ranks as the #4,296 cheapest out of 6,412 in the US.

  • The median home value in Apple Valley is $291,400.

  • The median income in Apple Valley is $91,936.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
112
Apple Valley's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Apple Valley, MN?

According to the most recent data on the cost of living, Apple Valley has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Apple Valley has a cost of living index that's 1.2x higher than Minnesota's index of 95.

The standard of living in Apple Valley ranks as #113 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Apple Valley ranks as the #34 most expensive place in the North Star State.

For more reading on life in Apple Valley, check out:

113 out of 147
In Minnesota
4,296 out of 6,412
In America

Apple Valley Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Apple Valley. Here is how it fairs on each of the criteria:

  • The Services index in Apple Valley is 114.

  • The Groceries index in Apple Valley is 105.

  • The Health index in Apple Valley is 104.

  • The Housing index in Apple Valley is 119.

  • The Transportation index in Apple Valley is 100.

  • The Utilities index in Apple Valley is 96.

Living Expense Apple Valley Minnesota National Average
Overall 112 95 100
Services 114 101 100
Groceries 105 98 100
Health 104 111 100
Housing 119 83 100
Transportation 100 98 100
Utilities 96 95 100
For more reading on cost of living around Minnesota, check out:
Apple Valley Cost of Living Vs. MN

Apple Valley, 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 2017-2021. The key points are:

  • The Median Home Value in Apple Valley is $291,400.

  • The Median Rent in Apple Valley is $1,458.

  • The Median Income in Apple Valley is $91,936.

  • The Home Value To Income in Apple Valley is 3.2x.

  • The Rent To Monthly Income in Apple Valley is 0.19x.

Statistic Apple Valley Minnesota United States
Median Home Value $291,400 $250,200 $244,900
Median Rent $1,458 $1,081 $1,163
Median Income $91,936 $77,706 $69,021
Home Value To Income 3.2x 3.2x 3.5x
Rent To Monthly Income 0.19x 0.17x 0.2x
Search Homes For Sale In Apple Valley, MN
$291,400
Median Home Value
$1,458
Median Rent
$91,936
Median Income

Apple Valley, MN Costs By Category

Detailed Apple Valley Services Costs Vs. Minnesota

Item Apple Valley Minnesota
Shampoo $1.11 $1.06
Movie $10.55 $10.68
Bowling $25.79 $14.67
Haircut $25.21 $18.62
Beauty Salon $35.12 $39.05

Detailed Apple Valley Groceries Costs Vs. Minnesota

Item Apple Valley Minnesota
Ground Beef $4.45 $4.22
Fried Chicken $2.2 $1.39
Milk $2.59 $2.05
Potatoes $3.33 $3.29
Pizza $12.95 $10.62
Beer $9.01 $9.38
Toothpaste $3.37 $2.34

Detailed Apple Valley Health Costs Vs. Minnesota

Item Apple Valley Minnesota
Optometrist $90.27 $108.57
Doctor $148.38 $116.17
Dentist $86.91 $99.13

Detailed Apple Valley Transportation Costs Vs. Minnesota

Item Apple Valley Minnesota
Gasoline $2.06 $2.22
Tire Balancing $59.83 $50.07

Detailed Apple Valley Utilities Costs Vs. Minnesota

Item Apple Valley Minnesota
All Electricity $156.09 $167.67
Phone $182.1 $175.64

Apple Valley SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8.5
Safety
8
Amenities
9
Education
8.5
Commute
6

Cost Of Living In Cities Around Apple Valley

The cost of living varies in the cities and towns around Apple Valley. Here's a quick look at the cost of living in the most populous nearby places:

  • Bloomington, MN has a cost of living index of 107, 1.0x Apple Valley.

  • Woodbury, MN has a cost of living index of 122, 1.1x Apple Valley.

  • Lakeville, MN has a cost of living index of 116, 1.0x Apple Valley.

City Population Cost Of Living Vs. Apple Valley
Bloomington, MN 89,436 107 1.0x
Woodbury, MN 74,014 122 1.1x
Lakeville, MN 69,026 116 1.0x
Eagan, MN 68,205 112 1.0x
Eden Prairie, MN 64,048 121 1.1x
Burnsville, MN 63,926 110 1.0x
Minnetonka, MN 53,809 121 1.1x
Edina, MN 53,059 135 1.2x
Inver Grove Heights, MN 35,539 106 0.9x
Savage, MN 32,092 113 1.0x

Articles About Minnesota

Enjoy The Snack?