Cost of Living in Anoka, MN

Population 17,941 · Minnesota · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Anoka a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $293,000.

Geographically, Anoka sits roughly 20 miles northwest of Minneapolis. Median home values run roughly 15% lower than Minneapolis' $346,000.

Cost Overview

Housing 96
Rent 91

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

About the Cost of Living in Anoka

The median home value in Anoka is $292,900 — 4% below the national median of $305,000. Median rent runs $1,200/month, 9% lower than the national median of $1,314/month. The median household income of $75,262/year is 1% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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%. Overall, Anoka has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$292,900
4% below avg
Zillow Home Value
$324,581
Zillow ZHVI
Median Rent
$1,200/mo
9% below avg
Zillow Rent
$1,401/mo
Zillow ZORI
Price-to-Rent Ratio
20.3x
Favors renting
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 57.3%
Renter-occupied 42.7%

💰 Estimated Monthly Budget

Rent median rent
$1,200
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,814/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
77.4%
Carpooled
8.9%
Public transit
0.5%
Walked
1.0%
Bicycle
0.9%
Work from home
10.2%

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
$75,262
1% above avg
Per Capita Income
$39,681
Unemployment Rate
4.6%
5% below avg
Poverty Rate
7.9%
Labor Force Participation
64.3%

🎓 Education

Bachelor's degree+ 19.0%
Graduate degree 8.3%

👥 Demographics

Median Age 40
Male median age 38.2
Female median age 41.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
59.5%
Good air days/yr
175
Max AQI recorded
164
PM2.5 days
194
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

86%
4-Year Graduation Rate
16.7:1
Student-teacher ratio
51
Public schools
39,057
Total enrollment

Frequently Asked Questions

What is the cost of living in Anoka, MN?

Anoka has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Anoka, MN?

The median gross rent in Anoka is $1,200 per month based on 2023 Census data.

What is the average home price in Anoka?

The median home value in Anoka is $292,900 according to Zillow and Census data.

What is the median income in Anoka?

The median household income in Anoka is $75,262 per year (2023 ACS 5-year estimates).

What is the sales tax in Anoka, MN?

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

Is Anoka, MN affordable?

Anoka is near the national average in terms of cost of living, with an index of 94 (100 = US average).

Anoka at a Glance

Population
17,941
Median Income
$75,262
Home Value
$292,900
Median Rent
$1,200/mo
Unemployment
4.6%
Sales Tax
7.4%
View all cities in Minnesota →
🗺️ County data for Minnesota

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs