Andover, MN, has a cost of living index that is slightly below the nationwide average. This index totals 98, indicating that overall expenses are about 2% less than the national average of 100. Specific areas such as groceries show a minor increase at 105, while utilities are notably lower at 95. Despite these variances, Andover's total cost of living remains competitively low, making it an attractive option for budget-conscious individuals and families.
Andover, MN, stands out with a cost of living index that closely aligns with the nationwide average, providing a solid basis for job seekers evaluating relocation options. Housing costs in Andover are at 98, just 2% below the national average of 100. This indicates that, on average, housing expenses for residents are nearly on par with those across the country.
When considering other expenses, Andover’s cost of groceries is slightly higher, at 105, which means grocery prices are 5% above the national average. Utilities, however, are more affordable at 95, offering a 5% savings compared to the nationwide index. Transportation costs are also slightly higher, at 102, reflecting a modest 2% increase. Healthcare costs remain consistent with the national average at 100, while miscellaneous expenses are at 97, suggesting a minor 3% decrease. Overall, Andover provides a balanced mix of costs with some areas offering savings and others slightly higher.