Jordan, MN Cost Of Living

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

Cost Of Living In Jordan, MN Summary

Cost of living in Jordan 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 Jordan 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 Jordan is 108, with 100 being the average.

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

  • Jordan ranks as the #95 cheapest in Minnesota out of 147.

  • Jordan ranks as the #3,954 cheapest out of 6,412 in the US.

  • The median home value in Jordan is $281,800.

  • The median income in Jordan is $101,285.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
108
Jordan's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Jordan, MN?

According to the most recent data on the cost of living, Jordan has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Jordan has a cost of living index that's 1.1x higher than Minnesota's index of 95.

The standard of living in Jordan ranks as #95 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Jordan ranks as the #52 most expensive place in the North Star State.

For more reading on life in Jordan, check out:

95 out of 147
In Minnesota
3,954 out of 6,412
In America

Jordan Cost Of Living Vs. Minnesota

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

  • The Services index in Jordan is 112.

  • The Groceries index in Jordan is 103.

  • The Health index in Jordan is 103.

  • The Housing index in Jordan is 110.

  • The Transportation index in Jordan is 99.

  • The Utilities index in Jordan is 98.

Living Expense Jordan Minnesota National Average
Overall 108 95 100
Services 112 101 100
Groceries 103 98 100
Health 103 111 100
Housing 110 83 100
Transportation 99 98 100
Utilities 98 95 100
For more reading on cost of living around Minnesota, check out:
Jordan Cost of Living Vs. MN

Jordan, 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 Jordan is $281,800.

  • The Median Rent in Jordan is $1,127.

  • The Median Income in Jordan is $101,285.

  • The Home Value To Income in Jordan is 2.8x.

  • The Rent To Monthly Income in Jordan is 0.13x.

Statistic Jordan Minnesota United States
Median Home Value $281,800 $250,200 $244,900
Median Rent $1,127 $1,081 $1,163
Median Income $101,285 $77,706 $69,021
Home Value To Income 2.8x 3.2x 3.5x
Rent To Monthly Income 0.13x 0.17x 0.2x
Search Homes For Sale In Jordan, MN
$281,800
Median Home Value
$1,127
Median Rent
$101,285
Median Income

Jordan, MN Costs By Category

Detailed Jordan Services Costs Vs. Minnesota

Item Jordan Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05

Detailed Jordan Groceries Costs Vs. Minnesota

Item Jordan Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05
Potatoes $3.32 $3.29
Pizza $12.99 $10.62
Beer $8.96 $9.38
Toothpaste $3.36 $2.34

Detailed Jordan Health Costs Vs. Minnesota

Item Jordan Minnesota
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed Jordan Transportation Costs Vs. Minnesota

Item Jordan Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07

Detailed Jordan Utilities Costs Vs. Minnesota

Item Jordan Minnesota
All Electricity $160.63 $167.67
Phone $180.98 $175.64

Jordan SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
6
Safety
8
Amenities
8
Education
8
Commute
5

Cost Of Living In Cities Around Jordan

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

  • Lakeville, MN has a cost of living index of 116, 1.1x Jordan.

  • Eden Prairie, MN has a cost of living index of 121, 1.1x Jordan.

  • Shakopee, MN has a cost of living index of 108, 1.0x Jordan.

City Population Cost Of Living Vs. Jordan
Lakeville, MN 69,026 116 1.1x
Eden Prairie, MN 64,048 121 1.1x
Shakopee, MN 43,396 108 1.0x
Savage, MN 32,092 113 1.0x
Chaska, MN 27,461 110 1.0x
Prior Lake, MN 27,242 115 1.1x
Chanhassen, MN 25,646 125 1.2x
Waconia, MN 12,773 111 1.0x
Victoria, MN 10,361 128 1.2x
Mound, MN 9,365 110 1.0x

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