Cost of Living in Apple Valley, MN (2026)

Updated Jun 2026 (3 months ago) · Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Energy Information Administration

Key facts

Rent (1-bedroom)
$1,567/month
U.S. Census Bureau · 2024-12-31
Median household income
$97,673
U.S. Census Bureau · 2024-12-31
Regional price parity
98.6 (below national average)
U.S. Bureau of Economic Analysis · 2024-12-31
Utilities (monthly)
$158/month
U.S. Energy Information Administration · 2026-06-30
Rent burden (of income)
19% (affordable)
Derived from Census + HUD threshold · 2024-12-31

Can you afford this city?

You'd need about
$3,387
Groceries (est.)
$412
Monthly surplus
$1,613

Salary needed to live here

Salary needed (gross/yr)
$48,636
Gross per month
$4,053
Comfortable budget
$2,837

Apple Valley, MN vs the US average

Cost metrics vs US average, with sources
MetricValuevs US avg
Median household income
(Census ACS 5-Year, Dec 2024)
$97,673+26% vs US
Median home value
(Census ACS 5-Year, Dec 2024)
$370,400+9% vs US
Rent (1BR)
(Census ACS 5-Year, Dec 2024)
$1,567+21% vs US
Rent (2BR)
(Census ACS 5-Year, Dec 2024)
$1,793+22% vs US
Grocery cost index
(BEA Regional Price Parities, Dec 2024)
100.5+1% vs US
Utilities (monthly)
(EIA Electricity Retail Sales, Jun 2026)
$158-23% vs US

Cost breakdown vs US average

Cost breakdown vs US averageBar chart comparing 4 metrics to US national averages.Median household income$97,673US avg $77,719Rent (1BR)$1,567US avg $1,300Grocery cost index100.5US avg 100.0Utilities (monthly)$158US avg $205

Download this data (CSV)

What it costs to live in Apple Valley

A one-bedroom rental in Apple Valley, MN runs about $1,567 per month — well above the national median of $1,300 (21% more). The median household income here is $97,673, and a one-bedroom lease absorbs about 19% of that — leaving room under the 30% affordability threshold. Median homes are valued at $370,400 (3.8× median income) — above the 3× affordability rule, though in line with many U.S. metros. Utilities are relatively low at about $158/month — 23% below the national average of $205. Use the calculator above to see how far your income goes, with rent and utilities prefilled from the latest U.S. Census Bureau data.

Buying a home in Apple Valley?

Mortgage payment calculator

Monthly payment (PITI)
$2,658
Principal & interest
$2,108
Total interest
$438,707

Estimate only — not financial, tax, or legal advice. Figures are illustrative and may not reflect your situation. Consult a qualified professional.

Occasional emails. No spam. Unsubscribe anytime.

Cite this page

CostAlmanac US, *Apple Valley, MN — Cost of Living*, https://costalmanac.com/cost-of-living/apple-valley-mn

Data from U.S. government sources. See methodology for how every number is computed.