Cost of Living: Owatonna, 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 Owatonna, MN versus $4,119/mo in Bloomington, MN. In the model, rent is about 14.73% of gross in Owatonna, MN versus 22.23% in Bloomington, MN, so Owatonna, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Owatonna, MN and Bloomington, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Bloomington, MN
- Lower rent (median 1BR/2BR): Owatonna, MN
- Lower home prices: Owatonna, MN
- Higher median household income: Bloomington, MN
Cost of Living Index
Owatonna, 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
Owatonna, MN: $960/mo (midpoint of 1BR/2BR) · Bloomington, MN: $1,450/mo
Median rent in Bloomington, MN is $490/mo higher than in Owatonna, MN.
Median Home Price
Owatonna, MN: $234,600 · Bloomington, MN: $346,200
Median home price in Bloomington, MN is $111,600 higher than in Owatonna, MN.
Median Household Income
Owatonna, MN: $81,276 · Bloomington, MN: $90,677
Bloomington, MN has a higher median household income than Owatonna, MN by $9,401.
Owatonna, MN overview · Bloomington, MN overview · Popular comparisons