Cost of Living in Annandale, MN

Population 3,365 · Minnesota · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Annandale is a smaller Minnesota community of around 3000 residents, where median household incomes of $50,536 and housing costs ($195,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Annandale is about 45 miles west of Minneapolis, the nearest large metro. Median home values run roughly 44% lower than Minneapolis' $346,000.

Cost Overview

Housing 64
Rent 74

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Annandale

The median home value in Annandale is $195,100 — 36% below the national median of $305,000. Median rent runs $967/month, 26% lower than the national median of $1,314/month. The median household income of $50,536/year is 32% lower than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. The climate averages highs of 53.1°F and lows of 32.7°F, with about 47.9" of annual snowfall. Overall, Annandale has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$195,100
36% below avg
Zillow Home Value
$309,231
Zillow ZHVI
Median Rent
$967/mo
26% below avg
Price-to-Rent Ratio
16.8x
Favors buying
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 77.2%
Renter-occupied 22.8%

💰 Estimated Monthly Budget

Rent median rent
$967
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,581/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
35.5 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
78.4%
Carpooled
10.7%
Public transit
1.9%
Walked
0.9%
Work from home
8.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$50,536
32% below avg
Per Capita Income
$31,558
Unemployment Rate
4.5%
5% below avg
Poverty Rate
14.4%
Labor Force Participation
57.9%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 10.0%

👥 Demographics

Median Age 44.1
Male median age 39.5
Female median age 44.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
53.1°F
Avg Low
32.7°F
Annual Precip
28.5"
Annual Snowfall
47.9"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 212639546877827971563926
Low °F 3720324555595648362310
Precip" 0.670.761.572.613.663.753.604.003.012.611.370.88
Snow" 8.88.98.24.70.10.00.00.00.01.06.99.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
52.4%
Good air days/yr
186
Max AQI recorded
236
PM2.5 days
113
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
3
Public schools
2,012
Total enrollment

Frequently Asked Questions

What is the cost of living in Annandale, MN?

Annandale has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Annandale, MN?

The median gross rent in Annandale is $967 per month based on 2023 Census data.

What is the average home price in Annandale?

The median home value in Annandale is $195,100 according to Zillow and Census data.

What is the median income in Annandale?

The median household income in Annandale is $50,536 per year (2023 ACS 5-year estimates).

What is the sales tax in Annandale, MN?

The combined state and local sales tax rate in Annandale is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Annandale, MN affordable?

Yes, Annandale is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

What is the weather like in Annandale?

Annandale has average high temperatures of 53.1°F and average lows of 32.7°F. Annual precipitation is 28.5". Average annual snowfall is 47.9". Data from NOAA 1991–2020 Climate Normals.

Annandale at a Glance

Population
3,365
Median Income
$50,536
Home Value
$195,100
Median Rent
$967/mo
Unemployment
4.5%
Avg High Temp
53.1°F
Sales Tax
7.4%
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