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 105, which is 1.1x higher than the national index of 100.
Compared to Minnesota, North Branch has a cost of living index that's 1.0x higher than Minnesota's index of 101.
The standard of living in North Branch ranks as #68 most affordable out of the 151 places we measured in Minnesota. By definition, that implies North Branch ranks as the #83 most expensive place in the North Star State.
For more reading on life in North Branch, check out:
North Branch Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in North Branch. Here is how it fares on each of the criteria:
The Services index in North Branch is 99.
The Groceries index in North Branch is 103.
The Health index in North Branch is 106.
The Housing index in North Branch is 97.
The Transportation index in North Branch is 105.
The Utilities index in North Branch is 100.
| Living Expense | North Branch | Minnesota | National Average |
|---|---|---|---|
| Overall | 105 | 101 | 100 |
| Services | 99 | 101 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 106 | 99 | 100 |
| Housing | 97 | 101 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
North Branch Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in North Branch Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Branch, 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 2020-2024. The key points are:
The Median Home Value in North Branch is $349,509.
The Median Rent in North Branch is $1,308.
The Median Income in North Branch is $90,456.
The Home Value To Income in North Branch is 3.9x.
The Rent To Monthly Income in North Branch is 0.17x.
| Statistic | North Branch | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $349,509 | $346,667 | $332,700 |
| Median Rent | $1,308 | $1,280 | $1,413 |
| Median Income | $90,456 | $89,062 | $80,734 |
| Home Value To Income | 3.9x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.21x |
North Branch, MN Costs By Category
Detailed North Branch Services costs vs. Minnesota
| Item | North Branch | 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 North Branch Groceries costs vs. Minnesota
| Item | North Branch | 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 North Branch Health costs vs. Minnesota
| Item | North Branch | Minnesota |
|---|---|---|
| Optometrist | $145.44 | $125.68 |
| Doctor | $229.08 | $135.78 |
| Dentist | $108.67 | $113.29 |
Detailed North Branch Transportation costs vs. Minnesota
| Item | North Branch | Minnesota |
|---|---|---|
| Gasoline | $3.38 | $3.46 |
| Tire Balancing | $61.74 | $59.92 |
Detailed North Branch Utilities costs vs. Minnesota
| Item | North Branch | Minnesota |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $187.39 | $192.25 |
North Branch SnackAbility
Cost Of Living In Cities Around North Branch
The cost of living varies in the cities and towns around North Branch. Here's a quick look at the cost of living in the most populous nearby places:
Forest Lake, MN has a cost of living index of 115, 1.1x North Branch.
East Bethel, MN has a cost of living index of 112, 1.1x North Branch.
Cambridge, MN has a cost of living index of 101, 1.0x North Branch.
| City | Population | Cost Of Living | Vs. North Branch |
|---|---|---|---|
| Forest Lake, MN | 20,729 | 115 | 1.1x |
| East Bethel, MN | 12,115 | 112 | 1.1x |
| Cambridge, MN | 10,307 | 101 | 1.0x |
| Wyoming, MN | 8,087 | 109 | 1.0x |
| Isanti, MN | 7,210 | 103 | 1.0x |
