States › Minnesota › Oak Grove

Is Oak Grove, MN expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,25829% higher than U.S. average
💵 Families earn per year (2026)$126,935about $10,578/month · 46% higher than U.S. average
🔑 House price$423,30027% higher than U.S. average

Rent is higher than in 78% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 37.3 minutes each way. Most homes (94.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $90,320 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

No. Rent here is more expensive than in most of Minnesota. It is number 136 of 150 cities from cheapest to most expensive.

Oak Grove
$2,258
Little Falls
$826
Mound
$1,920
Waseca
$1,032
Dayton
$1,826
East Grand Forks
$876
Baxter
$1,301

How much do households earn in Oak Grove?

Under $25k
1.3%
$25k–50k
10.9%
$50k–100k
41.6%
$100k–150k
26.4%
$150k+
19.8%

Share of households by yearly income. 46.1% of households earn $100,000 or more.

How expensive is Oak Grove overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oak Grove, so the Minnesota figure is shown.

Taxes and bills in Oak Grove

🏛️ Property tax$3,003a year · 0.71% of home value · U.S. $3,119
⚡ Electric bill$146a month (typical) · U.S. $156

Life in Oak Grove

Commute to work37.3 minU.S.: 26.4 min
College degree27%U.S.: 35.7%
Own their home94.2%U.S.: 65.2%
Below poverty line1.7%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Oak Grove?

Renting is cheaper right now: about $679 a month less.

Renting
$2,258
Owning
$2,937

Owning assumes a typical $423,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,330 for the down payment.

Frequently asked questions

What is the average rent in Oak Grove, MN?

Renting in Oak Grove costs a median of about $2,258 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Oak Grove?

To keep rent under 30% of income, you need about $90,320 a year, or $43 an hour at a full-time job.

Is Oak Grove cheap or expensive?

Oak Grove is rated OK: rent takes 21.3% of the typical household income of $126,935. It ranks 136th cheapest of 150 Minnesota cities we track.

How much are property taxes in Oak Grove?

The median homeowner in Oak Grove pays $3,003 a year in property taxes, about 0.71% of the median home value.

Is Oak Grove more expensive than the national average?

Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Oak Grove?

The median home value in Oak Grove is $423,300, about 3.3 times the typical yearly household income.

9,130 people live in Oak Grove. Numbers are typical (middle) values.