Cost of Living in Dakota County, MN

Modeled annual cost: $54,374.

Median family income: $130,111.

MN Median $44,541

Dakota County, MN Affordability at a glance

Median Income

$130,111

Estimated Annual Costs

$54,374

Cost/Income Ratio

41.8%

State Rank

#4Most expensive counties in MN out of 87See Minnesota county rankings

Location Type

Metro

Biggest category:

Housing is the biggest expense in Dakota County, MN.

$15,611 per year.*28.71% of total modeled yearly costs.

Cost breakdown

Total

$54,374

Per year

  • Housing:
    $15,61128.7%
  • Transport:
    $13,12824.1%
  • Taxes:
    $10,46919.3%
  • Other Costs:
    $6,28311.6%
  • Food:
    $4,6278.5%
  • Healthcare:
    $4,2567.8%

* Percentages may not add up to 100% due to rounding.

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See how Dakota County, MN compares across the country.

Explore our cost of living interactive map to compare Dakota County, MN with multiple counties in the United States.

How WatchPennies calculates salary needed