North Branch, MN Cost Of Living

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

What is the cost of living in North Branch, MN?

According to the most recent data on the cost of living, North Branch has an overall cost of living index of 102 which is 1.0x higher than the national index of 100.

Compared to only Minnesota, North Branch has a cost of living index that's 1.0x lower than Minnesota's index of 104.

The standard of living in North Branch ranks as #3423 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies North Branch ranks as the #2983 most expensive place in the North Star State.

North Branch Cost Of Living Vs. Minnesota

Living Expense North Branch Minnesota National Average
Overall 102 104 100
Services 114 109 100
Groceries 103 106 100
Health 105 110 100
Housing 89 100 100
Transportation 102 100 100
Utilities 96 98 100
For more reading on cost of living around Minnesota, check out:
North Branch Cost of Living Vs. MN

North Branch, 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 North Branch Minnesota United States
Median Home Value $184,800 $211,800 $204,900
Median Rent $913 $944 $1,023
Median Income $77,750 $68,411 $60,293
Home Value To Income 2.4x 3.1x 3.4x
Rent To Monthly Income 0.14x 0.17x 0.2x

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Cost Of Living In Cities Around North Branch

City Population Cost Of Living Vs. North Branch
Forest Lake, MN 19,643 111 1.1x
East Bethel, MN 11,808 111 1.1x
Cambridge, MN 8,587 98 1.0x
Wyoming, MN 7,839 107 1.0x
Isanti, MN 5,565 98 1.0x

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