According to the most recent data on the cost of living, Hermantown has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.
Compared to only Minnesota, Hermantown has a cost of living index that's 1.1x higher than Minnesota's index of 104.
The standard of living in Hermantown ranks as #4,129 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Hermantown ranks as the #2,289 most expensive place in the North Star State.
|Living Expense||Hermantown||Minnesota||National Average|
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.