Index Apple Valley Minnesota National
Cost of living index 109 102 100
Index Apple Valley Minnesota National
Goods & Services index 108 106 100
Groceries index 104 105 100
Health care index 106 110 100
Housing index 122 101 100
Transportation index 97 98 100
Utilities index 94 91 100
  • cost of living in the city is 7% higher than the state average
  • Cost of living is 9% higher than the national average
  • Cost of housing is 22% higher than the national average

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

Goods & Services

Item Apple Valley National avg. Difference
Haircut $24.91 $15.56 60.0%
Beauty Salon $33.76 $36.11 6.5%
Toothpaste $3.41 $2.47 37.8%
Shampoo $1.04 $0.96 7.8%
Movie $9.85 $10.13 2.8%
Bowling $4.06 $4.74 14.2%

Groceries

Item Apple Valley National avg. Difference
Ground Beef $4.07 $3.98 2.2%
Fried Chicken $1.94 $1.41 37.9%
Milk $2.17 $2.06 5.0%
Potatoes $3.19 $2.98 7.0%
Pizza $10.59 $9.47 11.8%
Beer $8.92 $8.79 1.4%

Health Care

Item Apple Valley National avg. Difference
Optometrist $81.20 $101.04 19.6%
Doctor $134.89 $107.44 25.5%
Dentist $87.31 $90.42 3.4%
Ibuprofen $11.78 $9.28 27.0%
Lipitor $406.73 $426.50 4.6%

Median Income & Debt-To-Income Ratio

Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
Owners $91,907 $7,659 $2,144 $2,757
Renters $43,631 $3,636 $1,018 $1,309

If you want to find a good determining factor for the cost of living and the general affordability of housing in Apple Valley, MN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Apple Valley, MN, the median monthly income is $91,907 for those who own their own homes. Under the standard rule, that income level would allow for $2,144 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,631, per the median income in the area. That would allow for renters to spend up to $1,018 on monthly rental expenses.