Cost of Living in Isanti, MN

Population 7,023 · Minnesota · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Isanti is a smaller Minnesota community of around 7000 residents, where median household incomes of $84,412 and housing costs ($265,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Located 35 miles north of Minneapolis, Isanti falls within that metro's commuting orbit. Median home values run roughly 23% lower than Minneapolis' $346,000.

Cost Overview

Housing 87
Rent 99

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

About the Cost of Living in Isanti

The median home value in Isanti is $264,600 — 13% below the national median of $305,000. Median rent runs $1,299/month, 1% lower than the national median of $1,314/month. The median household income of $84,412/year is 13% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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, Isanti has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$264,600
13% below avg
Zillow Home Value
$324,127
Zillow ZHVI
Median Rent
$1,299/mo
1% below avg
Price-to-Rent Ratio
17.0x
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 80.3%
Renter-occupied 19.7%

💰 Estimated Monthly Budget

Rent median rent
$1,299
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,913/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
34.8 min
29% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
76.8%
Carpooled
7.7%
Public transit
0.4%
Walked
2.4%
Work from home
12.7%

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
$84,412
13% above avg
Per Capita Income
$36,048
Unemployment Rate
1.6%
66% below avg
Poverty Rate
5.8%
Labor Force Participation
76.8%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 3.8%

👥 Demographics

Median Age 33.8
Male median age 33.6
Female median age 34.1

Frequently Asked Questions

What is the cost of living in Isanti, MN?

Isanti has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Isanti, MN?

The median gross rent in Isanti is $1,299 per month based on 2023 Census data.

What is the average home price in Isanti?

The median home value in Isanti is $264,600 according to Zillow and Census data.

What is the median income in Isanti?

The median household income in Isanti is $84,412 per year (2023 ACS 5-year estimates).

What is the sales tax in Isanti, MN?

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

Is Isanti, MN affordable?

Isanti is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Isanti at a Glance

Population
7,023
Median Income
$84,412
Home Value
$264,600
Median Rent
$1,299/mo
Unemployment
1.6%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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