Cost of Living in Inver Grove Heights, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
144.1
100 = national avg
+44.1 vs national average
Living Wage (1 Adult)
$63,399
per year
Living Wage (Family of 4)
$149,852
per year
Cost Index by Category
Housing167.1
Food129.5
Transportation112.3
Healthcare123.6
Utilities131.1
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 Inver Grove Heights is 144.1, which is 44.1% above the national average. Housing costs are above the national average at an index of 167.1. A single adult needs to earn approximately $63,399 per year to cover basic expenses.