Town35,801 people

Inver Grove Heights, MN

Discover how far your salary goes in Inver Grove Heights. Compare taxes, rent, and living costs.

Cost Index
125
📈 Above Average
Population

35,801

State Tax

9.8%

1BR Rent

$1,463

/month

vs National

+5%

above avg

How far would your salary go in Inver Grove Heights?

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Rent Prices in Inver Grove Heights

🏠

Studio

$1,170

/month

$14,040/year

Most Common
🛏️

1 Bedroom

$1,463

/month

$17,556/year

🏡

2 Bedroom

$1,975

/month

$23,700/year

🏘️

3 Bedroom

$2,560

/month

$30,720/year

Taxes in Minnesota

State Income Tax

Minnesota

9.8%

For a $100k salary, that's ~$9,850/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Inver Grove Heights, MN?

Inver Grove Heights has a cost of living index of 125, which is 25% above the national average. A 1-bedroom apartment costs around $1,463/month.

What is the state income tax in Minnesota?

Minnesota has a state income tax rate of approximately 9.8%. This is in addition to federal income tax.

How much is rent in Inver Grove Heights?

The median rent for a 1-bedroom apartment in Inver Grove Heights is $1,463/month. For a 2-bedroom, expect to pay around $1,975/month. This is 5% above the national average.

Is Inver Grove Heights a good place to live?

Inver Grove Heights is a town with a population of 35,801. The cost of living is above average, making it more expensive than average for the US.

See the complete picture for Inver Grove Heights

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