Cost of Living in Albertville, MN
Population 8,066 · Minnesota · Data vintage 2023
(100 = US avg)
Albertville sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.
Geographically, Albertville is about 25 miles northwest of Minneapolis, the nearest large metro. Housing prices track closely with Minneapolis' $346,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Albertville
The median home value in Albertville is $326,400 — 7% above the national median of $305,000. Median rent runs $1,385/month, 5% higher than the national median of $1,314/month. The median household income of $126,307/year is 69% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Albertville has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Albertville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Albertville, MN?
Albertville has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Albertville, MN?
The median gross rent in Albertville is $1,385 per month based on 2023 Census data.
What is the average home price in Albertville?
The median home value in Albertville is $326,400 according to Zillow and Census data.
What is the median income in Albertville?
The median household income in Albertville is $126,307 per year (2023 ACS 5-year estimates).
What is the sales tax in Albertville, MN?
The combined state and local sales tax rate in Albertville is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Albertville, MN affordable?
Albertville is near the national average in terms of cost of living, with an index of 106 (100 = US average).
Albertville at a Glance
- Population
- 8,066
- Median Income
- $126,307
- Home Value
- $326,400
- Median Rent
- $1,385/mo
- Unemployment
- 0.0%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs