Willmar, MN Cost Of Living
Cost Of Living In Willmar, MN Summary
Cost of living in Willmar 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 Willmar 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 Willmar is 95, with 100 being the average.
The cost of living index in Willmar is 0.9x lower than the national average.
Willmar ranks as the #25 cheapest in Minnesota out of 147.
Willmar ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Willmar is $145,900.
The median income in Willmar is $53,863.
Table Of Contents
Willmar's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Willmar, MN?
According to the most recent data on the cost of living, Willmar has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Minnesota, Willmar has a cost of living index that's 1.0x lower than Minnesota's index of 95.
The standard of living in Willmar ranks as #25 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Willmar ranks as the #122 most expensive place in the North Star State.
For more reading on life in Willmar, check out:
- Living In Willmar
- Willmar Crime Report
- Search Homes For Sale In Willmar, MN
In Minnesota
In America
Willmar Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Willmar. Here is how it fairs on each of the criteria:
The Services index in Willmar is 111.
The Groceries index in Willmar is 112.
The Health index in Willmar is 116.
The Housing index in Willmar is 69.
The Transportation index in Willmar is 99.
The Utilities index in Willmar is 101.
| Living Expense | Willmar | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 95 | 95 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 112 | 98 | 100 | |
| Health | 116 | 111 | 100 | |
| Housing | 69 | 83 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 101 | 95 | 100 | |
Willmar, 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 Willmar is $145,900.
The Median Rent in Willmar is $769.
The Median Income in Willmar is $53,863.
The Home Value To Income in Willmar is 2.7x.
The Rent To Monthly Income in Willmar is 0.17x.
| Statistic | Willmar | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $145,900 | $250,200 | $244,900 |
| Median Rent | $769 | $1,081 | $1,163 |
| Median Income | $53,863 | $77,706 | $69,021 |
| Home Value To Income | 2.7x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Willmar, MN Costs By Category
Detailed Willmar Services Costs Vs. Minnesota
Detailed Willmar Groceries Costs Vs. Minnesota
Detailed Willmar Health Costs Vs. Minnesota
Detailed Willmar Transportation Costs Vs. Minnesota
Detailed Willmar Utilities Costs Vs. Minnesota
Willmar SnackAbility
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Cost Of Living In Cities Around Willmar
The cost of living varies in the cities and towns around Willmar. Here's a quick look at the cost of living in the most populous nearby places:
Hutchinson, MN has a cost of living index of 101, 1.1x Willmar.
Waite Park, MN has a cost of living index of 100, 1.1x Willmar.
St. Joseph, MN has a cost of living index of 100, 1.1x Willmar.
| City | Population | Cost Of Living | Vs. Willmar |
|---|---|---|---|
| Hutchinson, MN | 14,504 | 101 | 1.1x |
| Waite Park, MN | 8,245 | 100 | 1.1x |
| St. Joseph, MN | 6,919 | 100 | 1.1x |
| Grove, OK | 6,900 | 87 | 0.9x |
| Litchfield, MN | 6,537 | 98 | 1.0x |
| Montevideo, MN | 5,360 | 92 | 1.0x |
