Cost of Living in North Oaks, MN

Population 5,175 · Minnesota · Data vintage 2023

238
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in North Oaks sits 148% above the national median — $756,000 for the typical home — but median household incomes near $235,858 (216% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 11 miles north of St. Paul, North Oaks falls within that metro's commuting orbit. Median home values run roughly 170% higher than St. Paul's $280,000.

Cost Overview

Housing 248
Rent 223

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

About the Cost of Living in North Oaks

The median home value in North Oaks is $756,300 — 148% above the national median of $305,000. Median rent runs $2,932/month, 123% higher than the national median of $1,314/month. The median household income of $235,858/year is 216% 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, North Oaks has a cost of living index of 238 versus the US average of 100, meaning it is 138% more expensive.

🏠 Housing

Median Home Value
$756,300
148% above avg
Zillow Home Value
$362,536
Zillow ZHVI
Median Rent
$2,932/mo
123% above avg
Price-to-Rent Ratio
21.5x
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 85.4%
Renter-occupied 14.6%

💰 Estimated Monthly Budget

Rent median rent
$2,932
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,546/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
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.3%

Commute Mode

Drove alone
57.8%
Carpooled
6.6%
Public transit
1.3%
Walked
0.2%
Bicycle
0.9%
Work from home
33.3%

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
$235,858
216% above avg
Per Capita Income
$97,736
Unemployment Rate
4.0%
17% below avg
Poverty Rate
4.5%
Labor Force Participation
54.7%

🎓 Education

Bachelor's degree+ 34.5%
Graduate degree 37.9%

👥 Demographics

Median Age 43.6
Male median age 42.5
Female median age 48

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
51.5%
Good air days/yr
190
Max AQI recorded
352
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in North Oaks, MN?

North Oaks has a cost index of 238 (100 = national average). It is 138% above the national average.

What is average rent in North Oaks, MN?

The median gross rent in North Oaks is $2,932 per month based on 2023 Census data.

What is the average home price in North Oaks?

The median home value in North Oaks is $756,300 according to Zillow and Census data.

What is the median income in North Oaks?

The median household income in North Oaks is $235,858 per year (2023 ACS 5-year estimates).

What is the sales tax in North Oaks, MN?

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

Is North Oaks, MN affordable?

North Oaks is above average in cost of living, with an index of 238 — about 138% higher than the national average.

North Oaks at a Glance

Population
5,175
Median Income
$235,858
Home Value
$756,300
Median Rent
$2,932/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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