Dakota County, MN Cost of Living


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United States / Minnesota / / Dakota County / Cities / Zip Codes
How much do I need to live in Dakota, Minnesota?
$5,640 / month
for a family, 4.4% more expensive than the national average A total of $67,680 for the year for a family.
$3,833 / month
for a single person, 19.6% less expensive than the national average A total of $46,000 for the year for a single person.

Dakota cost of living score
106.1
More expensive
6.1% higher
than the US average
9.2% higher
than the Minnesota average
Dakota Minnes County, Minnesota gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 9.2% higher than the average for Minnesota.

Dakota County, MN

Housing costs in Dakota?
A typical home costs $352,700, which is 4.3% more expensive than the national average of $338,100 and 14.0% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Dakota costs $1,410 per month, which is 1.4% cheaper than the national average of $1,430 and 12.1% more than the state average of $1,240.

Can I afford Dakota?
To live comfortably in Dakota Minnes County, Minnesota, a minimum annual income of $67,680 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Dakota?
Dakota, MN County has a cost of living of 106.1, which is significantly higher than the US average of 100. In addition to this, the median house value in Dakota, MN County is $352,700, much greater than the US average of $338,100. This shows that living in Dakota is an expensive affair and it requires more money to purchase a home and maintain the same standard of living as one would have elsewhere in the United States.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDakotaMinnesotaUnited States
    Unlock97.2100.0
  101.8  Unlock100.0
    Unlock78.3100.0
  120.1  Unlock100.0
    Unlock$309,500$338,100
  97.3  Unlock100.0
    Unlock96.4100.0
  139.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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