Cost of Living in Fridley, MN

Population 29,944 · Minnesota · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Fridley cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $277,000, rents near $1,270 a month.

Located 8 miles north of Minneapolis, Fridley falls within that metro's commuting orbit. Median home values run roughly 20% lower than Minneapolis' $346,000.

Cost Overview

Housing 91
Rent 97

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

About the Cost of Living in Fridley

The median home value in Fridley is $277,100 — 9% below the national median of $305,000. Median rent runs $1,270/month, 3% lower than the national median of $1,314/month. The median household income of $79,274/year is 6% higher than the US median of $74,580. The local unemployment rate is 5.9%, above 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 55.5°F and lows of 36.1°F. Overall, Fridley has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$277,100
9% below avg
Zillow Home Value
$315,224
Zillow ZHVI
Median Rent
$1,270/mo
3% below avg
Zillow Rent
$1,359/mo
Zillow ZORI
Price-to-Rent Ratio
18.2x
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 63.2%
Renter-occupied 36.8%

💰 Estimated Monthly Budget

Rent median rent
$1,270
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,884/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
25.5 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.6%

Commute Mode

Drove alone
70.8%
Carpooled
10.3%
Public transit
2.6%
Walked
1.4%
Bicycle
0.2%
Work from home
13.6%

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
$79,274
6% above avg
Per Capita Income
$39,050
Unemployment Rate
5.9%
22% above avg
Poverty Rate
11.4%
Labor Force Participation
70.4%

🎓 Education

Bachelor's degree+ 22.3%
Graduate degree 8.3%

👥 Demographics

Median Age 34.9
Male median age 35.4
Female median age 34.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.5°F
Avg Low
36.1°F
Annual Precip
30.7"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 242942577079838173584229
Low °F 71123354758636152382613
Precip" 0.610.621.422.884.344.374.194.143.162.611.470.90

💨 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
19.2:1
Student-teacher ratio
9
Public schools
2,979
Total enrollment

Frequently Asked Questions

What is the cost of living in Fridley, MN?

Fridley has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Fridley, MN?

The median gross rent in Fridley is $1,270 per month based on 2023 Census data.

What is the average home price in Fridley?

The median home value in Fridley is $277,100 according to Zillow and Census data.

What is the median income in Fridley?

The median household income in Fridley is $79,274 per year (2023 ACS 5-year estimates).

What is the sales tax in Fridley, MN?

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

Is Fridley, MN affordable?

Fridley is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Fridley?

Fridley has average high temperatures of 55.5°F and average lows of 36.1°F. Annual precipitation is 30.7". Data from NOAA 1991–2020 Climate Normals.

Fridley at a Glance

Population
29,944
Median Income
$79,274
Home Value
$277,100
Median Rent
$1,270/mo
Unemployment
5.9%
Avg High Temp
55.5°F
Sales Tax
7.4%
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