College Costs in Inver Grove Heights, MN 2026
Compare tuition, housing, and financial aid across 2 colleges in Inver Grove Heights, Minnesota. Use our free calculator to estimate your total cost.
Avg Public Tuition
$14,200
per year
Avg Private Tuition
$38,000
per year
Avg Rent Near Campus
$954
per month
Colleges & Universities
2
institutions
Inver Grove Heights Overview
Population
37,880
Student Population
3,212 (8.5%)
Cost of Living Index
94.5 (avg: 100)
Walk Score
37/100
Transit Score
15/100
Unemployment Rate
3.3%
College Cost Calculator for Inver Grove Heights
Cost Inputs
Total Cost (4 Years, Public In-State)
$111,080
Total After Financial Aid
$111,080
Annual Cost
$27,770
Annual After Aid
$27,770
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $111,080 |
| Monthly Payment | $1,261 |
| Total Interest | $40,275 |
| Total Loan Cost | $151,355 |
Universities in Inver Grove Heights
| University | Type | Annual Tuition |
|---|---|---|
| Inver Grove Heights State University | Public | $15,379 |
| Inver Grove Heights Community College | Community | $5,253 |
Inver Grove Heights has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Inver Grove Heights vs. National Average
| Category | Inver Grove Heights | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $14,200 | $10,940 | +$3,260 |
| Monthly Rent Near Campus | $954 | $1,050 | -$96 |
| Cost of Living Index | 94.5 | 100 | -5.5 |
Inver Grove Heights's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Inver Grove Heights
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
3,212 students
Inver Grove Heights has a total population of 37,880, with approximately 3,212 college students (8.5% of the population). Inver Grove Heights has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Inver Grove Heights
$45,747
Starting Salary
3.3%
Unemployment Rate
53%
Graduation Rate
~10 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Inver Grove Heights earn a median starting salary of $45,747, which is $10,747 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $111,080 (including room and board), it would take approximately 10 years of the salary premium to recoup the investment. With average financial aid of $12,454 per student per year, the net cost and payback period can be significantly reduced.
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