Kasson, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Kasson, MN Summary

Cost of living in Kasson 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 Kasson 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:

  • The cost of living index in Kasson is 90, with 100 being the average.

  • The cost of living index in Kasson is 0.9x lower than the national average.

  • Kasson ranks as the #12 cheapest in Minnesota out of 147.

  • Kasson ranks as the #1,633 cheapest out of 6,412 in the US.

  • The median home value in Kasson is $217,400.

  • The median income in Kasson is $84,122.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
90
Kasson's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Kasson, MN?

According to the most recent data on the cost of living, Kasson has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Minnesota, Kasson has a cost of living index that's 0.9x lower than Minnesota's index of 95.

The standard of living in Kasson ranks as #12 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Kasson ranks as the #135 most expensive place in the North Star State.

For more reading on life in Kasson, check out:

12 out of 147
In Minnesota
1,633 out of 6,412
In America

Kasson Cost Of Living Vs. Minnesota

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

  • The Services index in Kasson is 95.

  • The Groceries index in Kasson is 103.

  • The Health index in Kasson is 119.

  • The Housing index in Kasson is 77.

  • The Transportation index in Kasson is 100.

  • The Utilities index in Kasson is 96.

Living Expense Kasson Minnesota National Average
Overall 90 95 100
Services 95 101 100
Groceries 103 98 100
Health 119 111 100
Housing 77 83 100
Transportation 100 98 100
Utilities 96 95 100
For more reading on cost of living around Minnesota, check out:
Kasson Cost of Living Vs. MN

Kasson, MN Housing Cost Breakdown

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 2017-2021. The key points are:

  • The Median Home Value in Kasson is $217,400.

  • The Median Rent in Kasson is $689.

  • The Median Income in Kasson is $84,122.

  • The Home Value To Income in Kasson is 2.6x.

  • The Rent To Monthly Income in Kasson is 0.1x.

Statistic Kasson Minnesota United States
Median Home Value $217,400 $250,200 $244,900
Median Rent $689 $1,081 $1,163
Median Income $84,122 $77,706 $69,021
Home Value To Income 2.6x 3.2x 3.5x
Rent To Monthly Income 0.1x 0.17x 0.2x
Search Homes For Sale In Kasson, MN
$217,400
Median Home Value
$689
Median Rent
$84,122
Median Income

Kasson, MN Costs By Category

Detailed Kasson Services Costs Vs. Minnesota

Item Kasson Minnesota
Shampoo $0.92 $1.06
Movie $8.83 $10.68
Bowling $9.17 $14.67
Haircut $21.16 $18.62
Beauty Salon $30.55 $39.05

Detailed Kasson Groceries Costs Vs. Minnesota

Item Kasson Minnesota
Ground Beef $4.86 $4.22
Fried Chicken $1.64 $1.39
Milk $2.14 $2.05
Potatoes $3.84 $3.29
Pizza $11.66 $10.62
Beer $8.98 $9.38
Toothpaste $2.27 $2.34

Detailed Kasson Health Costs Vs. Minnesota

Item Kasson Minnesota
Optometrist $125.17 $108.57
Doctor $204.33 $116.17
Dentist $101.0 $99.13

Detailed Kasson Transportation Costs Vs. Minnesota

Item Kasson Minnesota
Gasoline $2.2 $2.22
Tire Balancing $47.72 $50.07

Detailed Kasson Utilities Costs Vs. Minnesota

Item Kasson Minnesota
All Electricity $157.58 $167.67
Phone $182.1 $175.64

Kasson SnackAbility

9.5
/10
Overall SnackAbility
Jobs
9/10
Housing
6
Affordability
9
Diversity
4
Safety
8.5
Amenities
8
Education
8.5
Commute
7

Cost Of Living In Cities Around Kasson

The cost of living varies in the cities and towns around Kasson. 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 95, 1.1x Kasson.

  • Owatonna, MN has a cost of living index of 92, 1.0x Kasson.

  • Austin, MN has a cost of living index of 84, 0.9x Kasson.

City Population Cost Of Living Vs. Kasson
Rochester, MN 119,732 95 1.1x
Owatonna, MN 26,366 92 1.0x
Austin, MN 26,030 84 0.9x
Faribault, MN 24,310 92 1.0x
Farmington, MN 23,253 105 1.2x
Hastings, MN 22,063 104 1.2x
Northfield, MN 20,374 105 1.2x
Albert Lea, MN 18,433 85 0.9x
Waseca, MN 9,237 88 1.0x
Stewartville, MN 6,620 94 1.0x

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