Index Burnsville Minnesota National
Cost of living index 108 102 100
Index Burnsville Minnesota National
Goods & Services index 108 106 100
Groceries index 106 105 100
Health care index 106 110 100
Housing index 116 101 100
Transportation index 101 98 100
Utilities index 96 91 100

The cost of living in Burnsville is 6% higher than the Minnesota average.
The cost of living in Burnsville is 8% higher than the national average.
The cost of housing in Burnsville is 16% higher than the national average.

Goods & Services

Item Burnsville National avg. Difference
Haircut $24.24 $15.56 55.8%
Beauty Salon $34.24 $36.11 5.2%
Toothpaste $3.32 $2.47 34.4%
Shampoo $1.04 $0.96 7.4%
Movie $9.88 $10.13 2.4%
Bowling $4.12 $4.74 13.1%

Groceries

Item Burnsville National avg. Difference
Ground Beef $4.14 $3.98 4.0%
Fried Chicken $2.00 $1.41 42.1%
Milk $2.23 $2.06 8.1%
Potatoes $3.30 $2.98 10.5%
Pizza $10.53 $9.47 11.1%
Beer $8.81 $8.79 0.2%

Health Care

Item Burnsville National avg. Difference
Optometrist $81.38 $101.04 19.5%
Doctor $133.98 $107.44 24.7%
Dentist $85.91 $90.42 5.0%
Ibuprofen $11.82 $9.28 27.4%
Lipitor $416.78 $426.50 2.3%

Median Income & Debt-To-Income Ratio

Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
Owners $78,868 $6,572 $1,840 $2,366
Renters $41,997 $3,500 $980 $1,260

How much of your monthly income goes to housing can tell you whether or not you can afford housing in Burnsville, MN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Burnsville, MN homeowners have a median income of $78,868. Using that number, you will come up with a maximum of $1,840 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $41,997, which means there is a maximum of $980 to be spent on the costs of renting a home or apartment.