Kasson, MN Cost Of Living
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
Kasson's Overall Cost Of Living
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:
- Living In Kasson
- Kasson Crime Report
- Search Homes For Sale In Kasson, MN
In Minnesota
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 | |
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 |
Median Home Value
Median Rent
Median Income
Kasson, MN Costs By Category
Detailed Kasson Services Costs Vs. Minnesota
Detailed Kasson Groceries Costs Vs. Minnesota
Detailed Kasson Health Costs Vs. Minnesota
Detailed Kasson Transportation Costs Vs. Minnesota
Detailed Kasson Utilities Costs Vs. Minnesota
Kasson SnackAbility
/10
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 |
