Free Minnesota (MN) cost of living calculator with 2026-specific rates. Calculate your exact cost of living using real Minnesota data.
Minnesota has a cost of living index of 98, where 100 represents the national average. This means living in Minnesota is about 2% less expensive than the national average.
With an index of 98, Minnesota falls in the moderate range for cost of living. Key factors include the median home price of $315,000, state income tax up to 9.85%, and average insurance costs.
The median household income in Minnesota is $80,450. With a cost of living index of 98 and median home price of $315,000, a comfortable salary depends on your household size, location within the state, and lifestyle. Use our calculator to compare costs across states.