Question 1

What is the cost of living in Minnesota?

Accepted Answer

According to Census HTOPS data, 87.71% of Minnesota residents report difficulty with expenses (national average: 80.39%). The median rent is $1,060.

Question 2

Is Minnesota affordable?

Accepted Answer

87.71% of residents find expenses difficult, above the national average of 80.39%. 5.32% of renters are behind on payments.

Question 3

What is the average rent in Minnesota?

Accepted Answer

The median rent in Minnesota is $1,060 according to Census ACS data via FRED. 42.4% of renters are cost-burdened (spending 30%+ of income on rent).

Question 4

What percentage of people are behind on rent in Minnesota?

Accepted Answer

5.32% of renters in Minnesota are behind on rent payments, compared to the national average of 8.6%.

Question 5

How does Minnesota compare to the national average?

Accepted Answer

Minnesota has 87.71% expense difficulty (national: 80.39%), 4.13% uninsured (national: 7.67%), 55.32% employed (national: 56.85%), and 30.43% AI usage (national: 24.45%).

Cost of Living in Minnesota

Minnesota vs. National Average

Cost of Living Overview

About This Data