Orono, MN Cost Of Living
Cost Of Living In Orono, MN Summary
Cost of living in Orono 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 Orono 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 Orono is 157, with 100 being the average.
The cost of living index in Orono is 1.6x higher than the national average.
Orono ranks as the #147 cheapest in Minnesota out of 147.
Orono ranks as the #5,961 cheapest out of 6,412 in the US.
The median home value in Orono is $766,700.
The median income in Orono is $159,816.
Table Of Contents
Orono's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Orono, MN?
According to the most recent data on the cost of living, Orono has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.
Compared to Minnesota, Orono has a cost of living index that's 1.7x higher than Minnesota's index of 95.
The standard of living in Orono ranks as #147 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Orono ranks as the #0 most expensive place in the North Star State.
For more reading on life in Orono, check out:
- Living In Orono
- Orono Crime Report
- Search Homes For Sale In Orono, MN
In Minnesota
In America
Orono Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Orono. Here is how it fairs on each of the criteria:
The Services index in Orono is 109.
The Groceries index in Orono is 102.
The Health index in Orono is 103.
The Housing index in Orono is 273.
The Transportation index in Orono is 103.
The Utilities index in Orono is 99.
| Living Expense | Orono | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 157 | 95 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 103 | 111 | 100 | |
| Housing | 273 | 83 | 100 | |
| Transportation | 103 | 98 | 100 | |
| Utilities | 99 | 95 | 100 | |
Orono, 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 Orono is $766,700.
The Median Rent in Orono is $1,565.
The Median Income in Orono is $159,816.
The Home Value To Income in Orono is 4.8x.
The Rent To Monthly Income in Orono is 0.12x.
| Statistic | Orono | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $766,700 | $250,200 | $244,900 |
| Median Rent | $1,565 | $1,081 | $1,163 |
| Median Income | $159,816 | $77,706 | $69,021 |
| Home Value To Income | 4.8x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Orono, MN Costs By Category
Detailed Orono Services Costs Vs. Minnesota
Detailed Orono Groceries Costs Vs. Minnesota
Detailed Orono Health Costs Vs. Minnesota
Detailed Orono Transportation Costs Vs. Minnesota
Detailed Orono Utilities Costs Vs. Minnesota
Orono SnackAbility
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Cost Of Living In Cities Around Orono
The cost of living varies in the cities and towns around Orono. 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 122, 0.8x Orono.
Maple Grove, MN has a cost of living index of 117, 0.7x Orono.
Eden Prairie, MN has a cost of living index of 121, 0.8x Orono.
| City | Population | Cost Of Living | Vs. Orono |
|---|---|---|---|
| Plymouth, MN | 80,034 | 122 | 0.8x |
| Maple Grove, MN | 69,900 | 117 | 0.7x |
| Eden Prairie, MN | 64,048 | 121 | 0.8x |
| Minnetonka, MN | 53,809 | 121 | 0.8x |
| Edina, MN | 53,059 | 135 | 0.9x |
| Champlin, MN | 23,877 | 110 | 0.7x |
| Golden Valley, MN | 22,247 | 116 | 0.7x |
| Rogers, MN | 13,182 | 120 | 0.8x |
| Mound, MN | 9,365 | 110 | 0.7x |
| Minnetrista, MN | 8,215 | 146 | 0.9x |
