Kasson, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Kasson's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Kasson is expensive, while a number below 100 means it's a relatively cheap place to live.

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 93 which is 0.9x lower than the national index of 100.

Compared to only Minnesota, Kasson has a cost of living index that's 0.9x lower than Minnesota's index of 104.

The standard of living in Kasson ranks as #2224 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies Kasson ranks as the #4182 most expensive place in the North Star State.

For more reading on life in Kasson, check out:

Kasson Cost Of Living Vs. Minnesota

Living Expense Kasson Minnesota National Average
Overall 93 104 100
Services 98 109 100
Groceries 103 106 100
Health 118 110 100
Housing 78 100 100
Transportation 99 100 100
Utilities 97 98 100
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 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.

Median Home Value
Median Rent
Median Income
Statistic Kasson Minnesota United States
Median Home Value $171,600 $211,800 $204,900
Median Rent $642 $944 $1,023
Median Income $71,827 $68,411 $60,293
Home Value To Income 2.4x 3.1x 3.4x
Rent To Monthly Income 0.11x 0.17x 0.2x

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Cost Of Living In Cities Around Kasson

City Population Cost Of Living Vs. Kasson
Rochester, MN 113,913 97 1.0x
Owatonna, MN 25,656 94 1.0x
Austin, MN 25,006 88 0.9x
Faribault, MN 23,711 93 1.0x
Farmington, MN 22,714 108 1.2x
Hastings, MN 22,690 104 1.1x
Northfield, MN 20,217 104 1.1x
Albert Lea, MN 17,687 86 0.9x
Waseca, MN 9,056 90 1.0x
Stewartville, MN 6,133 95 1.0x

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