Cost of Living in Bloomington, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
144.3
100 = national avg
+44.3 vs national average
Living Wage (1 Adult)
$63,471
per year
Living Wage (Family of 4)
$150,022
per year
Cost Index by Category
Housing173.2
Food119.3
Transportation138.6
Healthcare115.4
Utilities126.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Bloomington is 144.3, which is 44.3% above the national average. Housing costs are above the national average at an index of 173.2. A single adult needs to earn approximately $63,471 per year to cover basic expenses.