Cost of Living in Oak Grove, MN
Cost of Living in Oak Grove, MN has an overall index of 126, 26% above the U.S. baseline of 100. The typical home value is $457,761; typical monthly rent is $2,052; and median household income is $114,679.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Housing costs sit well above the national baseline. This describes the local market, not your household.
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Frequently asked questions about Oak Grove
Living in Oak Grove
Is Oak Grove, MN an expensive place to live?+
Yes — Oak Grove is about 26% more expensive than the national average, with an overall Cost Index of 126. Housing is the biggest factor: the typical home here is valued around $457,761, and monthly rents average roughly $2,052. Day-to-day costs like groceries and utilities tend to run closer to the national norm.
How does Oak Grove fit a household housing budget?+
Start with housing. Typical monthly rent is $2,052, while local median household income is $114,679. That implies a rent-burden proxy of about 21% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Oak Grove, MN?+
Minnesota uses a progressive model; 9.85% is top marginal-rate context. Applying the 1.11% state-level effective owner-occupied proxy to a home worth $457,761 gives a planning estimate near $5,081 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 7.54%.
How much does it cost to rent in Oak Grove, MN?+
The typical monthly rent in Oak Grove is around $2,052. That's about 52% higher than the $1,348 national median. For comparison, the median home value here is $457,761, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Oak Grove, MN?+
The typical home value in Oak Grove is $457,761. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $2,222/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 94% of residents here own their homes.
Are groceries and utilities expensive in Oak Grove?+
Grocery prices in Oak Grove 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 Oak Grove, MN like to live in?+
Oak Grove is a small town with a population of about 9,031. The median age of residents is 44.5, skewing somewhat older — common in established suburban communities. The local poverty rate is 1.49%, well below the national average of 12.4%.