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Apple Valley, MN

Stretch

The cost of living in Apple Valley, MN is 12% above the national average (Cost Index: 112). Homes here are typically valued around $368,753, compared to the $303,400 national median. The median household income is $99,277 — overall, living costs and earnings are reasonably balanced in this area.

Apple Valley sits in the stretch zone: not impossible, but household feasibility will depend heavily on rent, down payment, debt load, and whether you are renting or buying. Start with the verdict panel, then compare scenarios before treating this city as affordable.Data Sources: U.S. Census Bureau ACS 2023 · BEA RPP 2023 · Zillow ZHVI

Data Updated: March 2026
Housing Feasibility Verdict
Safe

Based on your household income, housing mode, local rent, home value, property tax, and mortgage assumptions for Apple Valley.

Monthly Housing
$1,678/mo
Lower of rent or buy scenario
Housing Burden
20%
Healthy
Residual Cash
$6,095/mo
After housing and debt · $2,032/person
Rent vs Buy
Buying can be tested
Main pressure: home prices
Assumptions
Housing Mode
Confidence: MediumHome source: ZILLOWRent source: ACSBEA proxy: msaHousehold size: 3Down payment: 20%Fixed burden: 26%
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Cost Index
112
Expensive
Based on housing costs · See methodology
Median Home Value
$368,753
Zillow ZHVI Market Rate • Census ACS: $354,200
National: $303,400
Median Rent
$1,678/mo
Source: Census ACS
National: $1,348/mo
Household Income
$99,277
National: $78,538
Population
55,696
Purchasing Power
113
100 = national baseline

Cost of Living Breakdown

Each index uses 100 as the US national average. A score of 150 means 50% more expensive; 80 means 20% cheaper.

Housing Cost Index
122 / 100
22% above average
Rent Index
124 / 100
24% above average
Goods & Groceries
103 / 100
About the same as most US cities
Utilities
93 / 100
Typical utility costs
Healthcare & Services
104 / 100
In line with national average
Overall Index
112
Expensive · 12% above average

Apple Valley Mortgage Calculator

Pre-filled with the local median home value of $368,753 and Minnesota's property tax rate of 1.11%.

Household Housing Budget

Local median household income is shown only as a place-side affordability input. Personal salary, filing status, and take-home pay analysis belong in salary.city.

Local Household Income
$99,277
Census ACS place context
Rent Burden Estimate
20%
Typical annual rent / local household income
Home Price to Income
3.7x
Typical home value / local household income
Use this section to judge whether Apple Valley looks structurally manageable for a household budget. For a specific job offer, filing status, payroll taxes, or salary equivalence across cities, run the income-side decision in salary.city.

Property Tax in Apple Valley, MN

Est. Annual Property Tax
$4,093
Monthly Impact
$341
Added to your mortgage
Effective Rate
1.11%
National avg: ~1.00%

Minnesota Place Tax Context

Tax TypeMinnesotaNational Avg
Property Tax Rate1.11%1.00%
Top Income Tax Rate9.85%~5.0%
State Sales Tax7.54%~5.0%

Compare Apple Valley to Another City

Compare place-side costs such as housing, rent, groceries, utilities, services, and tax context.

Cost of Living Comparison

Compare place-side housing, rent, goods, services, and utility pressure between cities.

Apple Valley, MN
112
124
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Apple Valley, MN: 122
Rent Prices
124

FAQ: Living in Apple Valley

Is Apple Valley, MN an expensive place to live?+

Yes — Apple Valley is about 12% more expensive than the national average, with an overall Cost Index of 112. Housing is the biggest factor: the typical home here is valued around $368,753, and monthly rents average roughly $1,678. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

How does Apple Valley fit a household housing budget?+

Start with housing. Typical monthly rent is $1,678, while local median household income is $99,277. That implies a rent-burden proxy of about 20% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

How much are taxes in Apple Valley, MN?+

Minnesota has a progressive state income tax with a top rate of 9.85%. The effective property tax rate is 1.11%. On a home worth $368,753, that translates to roughly $4,093 per year in property taxes. Sales tax (state + local) averages around 7.54% on everyday purchases.

How much does it cost to rent in Apple Valley, MN?+

The typical monthly rent in Apple Valley is around $1,678. That's about 24% higher than the $1,348 national median. For comparison, the median home value here is $368,753, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Apple Valley, MN?+

The median home in Apple Valley is valued at $368,753. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,865/month for principal and interest alone — before property taxes and insurance. About 73% of residents here own their homes.

Are groceries and utilities expensive in Apple Valley?+

Grocery prices in Apple Valley are about average compared to the rest of the US (index: 103, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 93). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Apple Valley, MN like to live in?+

Apple Valley is a smaller city with a population of about 55,696. The median age of residents is 37, which is close to the national median. The local poverty rate is 5.86%, well below the national average of 12.4%.

Lower-Pressure Alternatives in Minnesota

If Apple Valley feels tight, start with these same-state cities that look easier on rent burden or buy-side pressure.

Higher-Pressure Comparisons in Minnesota

Use these city pages when you want to compare Apple Valley against tougher same-state markets before deciding whether the current city is already a stretch.

LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly