Cold Spring is located in Minnesota and has an overall cost of living that is -7% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Cold Spring.

Housing: Median rent in Cold Spring is $1,326 / month, and the median home price is $441,753. Housing costs are -17% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.92), milk ($4.54), and eggs ($4.48) reflect the local grocery landscape. Overall grocery costs are -4% vs the national average.

Healthcare: Medical costs include doctor visits ($177.52), dentist visits ($142.60), and prescription drugs ($25.70). These costs should be factored into your monthly budget when planning a move.

Minnesota has a state income tax rate of 9.85%, which affects take-home pay for Cold Spring residents.

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Cold Spring, Minnesota Cost of Living FAQ

Common questions about living costs in Cold Spring.

Cold Spring, Minnesota has an overall cost of living that is -7% the national average. Housing costs are -17% vs the national average. Grocery prices are -4% vs average. Utilities are -6% vs average. This makes Cold Spring a reasonably affordable city.

The median rent in Cold Spring, Minnesota is $1,326 / month. Average energy bills run $206.48 / month. Phone bills average $184.20 / month. Housing is typically the largest expense for residents.

Healthcare costs in Cold Spring: doctor's visit averages $177.52, dentist visit averages $142.60, prescription drugs average $25.70. Overall healthcare expenses in the area are influenced by the -4% grocery cost difference.

Cold Spring is one of 163 cities tracked in Minnesota. With an overall cost -7% vs the national average, it is more affordable than many other cities in the state. Visit our Minnesota state page to compare all cities side-by-side and find the best fit for your budget.

Cold Spring offers cost of living -7% compared to the national average. Key factors to consider: median home price of $441,753, rent of $1,326 / month, and a state income tax of 9.85% in Minnesota. Explore our detailed cost breakdown above to see if Cold Spring fits your budget.