Cost of Living in Rock Creek, MN

With a cost of living index of 86, Rock Creek, MN is a very affordable place to live. Living here is 14% cheaper than the national average and 4% above the Minnesota state average of 82. Rock Creek is a small community of 1,711 residents.

Housing costs are the biggest factor in Rock Creek's cost of living. The median monthly rent is $841 (36% below the US median of $1,319), and the median home value sits at $294,800 (3% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in Rock Creek is $99,500, which is 32% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Rock Creek. The area sees an average annual temperature of 43.1°F, with summers averaging 68°F and winters around 16°F. Annual rainfall totals 33.8 inches spread over roughly 119 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.