Cost of Living in New Brighton, MN

Population 22,900 · Minnesota · Data vintage 2023

108
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

New Brighton sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.

Geographically, New Brighton sits roughly 8 miles northeast of Minneapolis. Housing prices track closely with Minneapolis' $346,000 median.

Cost Overview

Housing 113
Rent 101

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

About the Cost of Living in New Brighton

The median home value in New Brighton is $345,900 — 13% above the national median of $305,000. Median rent runs $1,327/month, 1% higher than the national median of $1,314/month. The median household income of $87,272/year is 17% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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, New Brighton has a cost of living index of 108 versus the US average of 100, meaning it is 8% more expensive.

🏠 Housing

Median Home Value
$345,900
13% above avg
Zillow Home Value
$373,466
Zillow ZHVI
Median Rent
$1,327/mo
1% above avg
Zillow Rent
$1,417/mo
Zillow ZORI
Price-to-Rent Ratio
21.7x
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 64.1%
Renter-occupied 35.9%

💰 Estimated Monthly Budget

Rent median rent
$1,327
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,941/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
23.0 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.1%

Commute Mode

Drove alone
68.6%
Carpooled
8.5%
Public transit
1.1%
Walked
1.4%
Bicycle
1.3%
Work from home
17.1%

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
$87,272
17% above avg
Per Capita Income
$45,779
Unemployment Rate
1.9%
61% below avg
Poverty Rate
10.3%
Labor Force Participation
68.8%

🎓 Education

Bachelor's degree+ 31.4%
Graduate degree 17.6%

👥 Demographics

Median Age 37.1
Male median age 36.6
Female median age 37.6

💨 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

Frequently Asked Questions

What is the cost of living in New Brighton, MN?

New Brighton has a cost index of 108 (100 = national average). It is 8% above the national average.

What is average rent in New Brighton, MN?

The median gross rent in New Brighton is $1,327 per month based on 2023 Census data.

What is the average home price in New Brighton?

The median home value in New Brighton is $345,900 according to Zillow and Census data.

What is the median income in New Brighton?

The median household income in New Brighton is $87,272 per year (2023 ACS 5-year estimates).

What is the sales tax in New Brighton, MN?

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

Is New Brighton, MN affordable?

New Brighton is near the national average in terms of cost of living, with an index of 108 (100 = US average).