Cost of Living in Coon Rapids, MN

Population 63,348 · Minnesota · Data vintage 2023

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

The Coon Rapids cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $287,000, rents near $1,418 a month.

Located 15 miles north of Minneapolis, Coon Rapids falls within that metro's commuting orbit. Median home values run roughly 17% lower than Minneapolis' $346,000.

Cost Overview

Housing 94
Rent 108

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

About the Cost of Living in Coon Rapids

The median home value in Coon Rapids is $287,200 — 6% below the national median of $305,000. Median rent runs $1,418/month, 8% higher than the national median of $1,314/month. The median household income of $86,618/year is 16% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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, Coon Rapids has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.

🏠 Housing

Median Home Value
$287,200
6% below avg
Zillow Home Value
$324,135
Zillow ZHVI
Median Rent
$1,418/mo
8% above avg
Zillow Rent
$1,580/mo
Zillow ZORI
Price-to-Rent Ratio
16.9x
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 74.2%
Renter-occupied 25.8%

💰 Estimated Monthly Budget

Rent median rent
$1,418
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,032/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
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.7%

Commute Mode

Drove alone
76.6%
Carpooled
7.6%
Public transit
1.7%
Walked
1.0%
Bicycle
0.2%
Work from home
11.7%

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
$86,618
16% above avg
Per Capita Income
$40,416
Unemployment Rate
4.0%
17% below avg
Poverty Rate
8.0%
Labor Force Participation
70.1%

🎓 Education

Bachelor's degree+ 18.6%
Graduate degree 5.6%

👥 Demographics

Median Age 39.2
Male median age 37.9
Female median age 40.7

💨 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

24%
4-Year Graduation Rate
11.9:1
Student-teacher ratio
1
Public schools
167
Total enrollment

Frequently Asked Questions

What is the cost of living in Coon Rapids, MN?

Coon Rapids has a cost index of 100 (100 = national average). It is near the national average.

What is average rent in Coon Rapids, MN?

The median gross rent in Coon Rapids is $1,418 per month based on 2023 Census data.

What is the average home price in Coon Rapids?

The median home value in Coon Rapids is $287,200 according to Zillow and Census data.

What is the median income in Coon Rapids?

The median household income in Coon Rapids is $86,618 per year (2023 ACS 5-year estimates).

What is the sales tax in Coon Rapids, MN?

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

Is Coon Rapids, MN affordable?

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

Coon Rapids at a Glance

Population
63,348
Median Income
$86,618
Home Value
$287,200
Median Rent
$1,418/mo
Unemployment
4.0%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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