How Much Does Health Insurance Cost in Minnesota?
Minnesota pricing is near the national average. Updated for 2024.
Health Insurance Pricing in Minnesota
In Minnesota, the average cost for health insurance is $459 per month (individual), which is 2% higher than the national average of $450. Most Minnesota residents pay between $204 and $816.
Minnesota has costs that track closely with the national average, though prices can still vary between urban and rural areas within the state.
Health insurance costs vary based on plan type, coverage level, age, location, and whether you receive subsidies through the ACA marketplace.
Minnesota vs National Average
What Affects Health Insurance Cost in Minnesota?
Plan Tier
Bronze: $250-$400/mo. Silver: $350-$550/mo. Gold: $450-$700/mo. Platinum: $550-$800/mo
Age
26-year-old: $250-$400. 40-year-old: $350-$550. 60-year-old: $600-$1,000
💡 Tips to Save on Health Insurance in Minnesota
- 1.Check ACA marketplace for subsidies — most people qualify
- 2.Higher deductible plans have lower premiums if you're healthy
- 3.Compare plans during open enrollment
- 4.Use HSA-eligible plans to save pre-tax dollars
Frequently Asked Questions
What's the cheapest health insurance?
Catastrophic plans are cheapest ($150-$250/mo) but only available to those under 30. Otherwise, Bronze plans are the most affordable.