Cost of Living in Oak Grove, MN

Population 9,031 · Minnesota · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Oak Grove a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $394,000.

Oak Grove is about 25 miles north of Minneapolis, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 14% higher than Minneapolis' $346,000.

Cost Overview

Housing 129
Rent 156

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

About the Cost of Living in Oak Grove

The median home value in Oak Grove is $394,100 — 29% above the national median of $305,000. Median rent runs $2,052/month, 56% higher than the national median of $1,314/month. The median household income of $114,679/year is 54% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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, Oak Grove has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$394,100
29% above avg
Zillow Home Value
$607,532
Zillow ZHVI
Median Rent
$2,052/mo
56% above avg
Price-to-Rent Ratio
16.0x
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 94.2%
Renter-occupied 5.8%

💰 Estimated Monthly Budget

Rent median rent
$2,052
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,666/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
38.9 min
44% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.9%

Commute Mode

Drove alone
80.9%
Carpooled
5.8%
Public transit
0.3%
Walked
0.1%
Work from home
12.9%

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
$114,679
54% above avg
Per Capita Income
$48,926
Unemployment Rate
3.3%
31% below avg
Poverty Rate
1.5%
Labor Force Participation
69.2%

🎓 Education

Bachelor's degree+ 16.8%
Graduate degree 8.9%

👥 Demographics

Median Age 44.5
Male median age 42
Female median age 46.7

💨 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

Frequently Asked Questions

What is the cost of living in Oak Grove, MN?

Oak Grove has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Oak Grove, MN?

The median gross rent in Oak Grove is $2,052 per month based on 2023 Census data.

What is the average home price in Oak Grove?

The median home value in Oak Grove is $394,100 according to Zillow and Census data.

What is the median income in Oak Grove?

The median household income in Oak Grove is $114,679 per year (2023 ACS 5-year estimates).

What is the sales tax in Oak Grove, MN?

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

Is Oak Grove, MN affordable?

Oak Grove is above average in cost of living, with an index of 140 — about 40% higher than the national average.

Oak Grove at a Glance

Population
9,031
Median Income
$114,679
Home Value
$394,100
Median Rent
$2,052/mo
Unemployment
3.3%
Sales Tax
7.4%
View all cities in Minnesota →
🗺️ County data for Minnesota

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs