Cost of Living: Inver Grove Heights, MN vs Bloomington, MN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Inver Grove Heights, MN versus $4,119/mo in Bloomington, MN. In the model, rent is about 21.09% of gross in Inver Grove Heights, MN versus 22.23% in Bloomington, MN, so Inver Grove Heights, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Inver Grove Heights, MN and Bloomington, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Bloomington, MN
- Lower rent (median 1BR/2BR): Inver Grove Heights, MN
- Lower home prices: Bloomington, MN
- Higher median household income: Inver Grove Heights, MN
Cost of Living Index
Inver Grove Heights, MN: 100 (U.S. = 100) · Bloomington, MN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Inver Grove Heights, MN: $1,375/mo (midpoint of 1BR/2BR) · Bloomington, MN: $1,450/mo
Median rent in Bloomington, MN is $75/mo higher than in Inver Grove Heights, MN.
Median Home Price
Inver Grove Heights, MN: $352,300 · Bloomington, MN: $346,200
Median home price in Inver Grove Heights, MN is $6,100 higher than in Bloomington, MN.
Median Household Income
Inver Grove Heights, MN: $104,055 · Bloomington, MN: $90,677
Inver Grove Heights, MN has a higher median household income than Bloomington, MN by $13,378.
Inver Grove Heights, MN overview · Bloomington, MN overview · Popular comparisons