Byron, MN Cost Of Living

The latest cost of living statistics for Byron. Includes statistics on rent, mortgages, healthcare, and other costs for Byron compared to the state and national averages.

Cost of living in Byron, Minnesota

Cost of living in Byron research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Byron is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

109 Cost of living index 1.1x higher vs US
#86 Cheapest in Minnesota (of 151)
#3,443 Cheapest in the U.S. (of 6,489)
$398,896 Median home value
$1,135 Median rent
$124,010 Median income
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What is the cost of living in Byron, MN?

According to the most recent data on the cost of living, Byron has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Byron has a cost of living index that's 1.1x higher than Minnesota's index of 101.

The standard of living in Byron ranks as #86 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Byron ranks as the #65 most expensive place in the North Star State.

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Byron Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Byron. Here is how it fares on each of the criteria:

  • The Services index in Byron is 101.

  • The Groceries index in Byron is 99.

  • The Health index in Byron is 126.

  • The Housing index in Byron is 103.

  • The Transportation index in Byron is 110.

  • The Utilities index in Byron is 95.

Living Expense Byron Minnesota National Average
Overall 109 101 100
Services 101 101 100
Groceries 99 99 100
Health 126 99 100
Housing 103 101 100
Transportation 110 103 100
Utilities 95 101 100

Byron Cost Of Living Compared To Minnesota Averages

Services
Byron 101
Minnesota avg 101
Groceries
Byron 99
Minnesota avg 99
Health
Byron 126
Minnesota avg 99
Housing
Byron 103
Minnesota avg 101
Transportation
Byron 110
Minnesota avg 103
Utilities
Byron 95
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Byron, MN Housing Cost Breakdown

$398,896Median Home Value
$1,135Median Rent
$124,010Median Income

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Byron is $398,896.

  • The Median Rent in Byron is $1,135.

  • The Median Income in Byron is $124,010.

  • The Home Value To Income in Byron is 3.2x.

  • The Rent To Monthly Income in Byron is 0.11x.

Statistic Byron Minnesota United States
Median Home Value $398,896 $346,667 $332,700
Median Rent $1,135 $1,280 $1,413
Median Income $124,010 $89,062 $80,734
Home Value To Income 3.2x 3.9x 4.1x
Rent To Monthly Income 0.11x 0.17x 0.21x

Byron, MN Costs By Category

Detailed Byron Services costs vs. Minnesota
Item Byron Minnesota
Shampoo $1.3 $1.28
Movie $13.47 $12.13
Bowling $21.5 $18
Haircut $28.67 $24.26
Beauty Salon $34.55 $45.56
Detailed Byron Groceries costs vs. Minnesota
Item Byron Minnesota
Ground Beef $5.49 $5.84
Fried Chicken $1.35 $1.57
Milk $4.63 $4.67
Potatoes $4.98 $4.93
Pizza $12.49 $12.09
Beer $9.36 $10.41
Toothpaste $3.75 $3.7
Detailed Byron Health costs vs. Minnesota
Item Byron Minnesota
Optometrist $145.44 $125.68
Doctor $229.08 $135.78
Dentist $108.67 $113.29
Detailed Byron Transportation costs vs. Minnesota
Item Byron Minnesota
Gasoline $3.38 $3.46
Tire Balancing $61.74 $59.92
Detailed Byron Utilities costs vs. Minnesota
Item Byron Minnesota
All Electricity $175.38 $193.99
Phone $187.39 $192.25

Byron SnackAbility

7Overall SnackAbility
Jobs 9.5/10
Housing 8/10
Affordability 9/10
Diversity 4/10
SafetyN/A
Amenities 8/10
Education 9/10
Commute 8.5/10

Cost Of Living In Cities Around Byron

The cost of living varies in the cities and towns around Byron. Here's a quick look at the cost of living in the most populous nearby places:

  • Rochester, MN has a cost of living index of 108, 1.0x Byron.

  • Owatonna, MN has a cost of living index of 98, 0.9x Byron.

  • Austin, MN has a cost of living index of 93, 0.9x Byron.

City Population Cost Of Living Vs. Byron
Rochester, MN 122,330 108 1.0x
Owatonna, MN 26,498 98 0.9x
Austin, MN 26,358 93 0.9x
Winona, MN 26,009 95 0.9x
Faribault, MN 24,631 99 0.9x
Hastings, MN 22,117 105 1.0x
Northfield, MN 20,742 103 0.9x
Waseca, MN 9,164 93 0.9x
Kasson, MN 7,050 100 0.9x
Stewartville, MN 6,807 99 0.9x