Cost of Living in Alexandria, MN
Population 14,579 · Minnesota · Data vintage 2023
(100 = US avg)
Alexandria is a smaller Minnesota community of around 15000 residents, where median household incomes of $61,558 and housing costs ($247,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Alexandria lies roughly 95 miles southeast of the nearest major metro, Fargo. Median home values run roughly 8% lower than Fargo's $270,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Alexandria
The median home value in Alexandria is $247,200 — 19% below the national median of $305,000. Median rent runs $907/month, 31% lower than the national median of $1,314/month. The median household income of $61,558/year is 17% lower than the US median of $74,580. The local unemployment rate is 3.4%, 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%. The climate averages highs of 51.5°F and lows of 33.5°F. Overall, Alexandria has a cost of living index of 76 versus the US average of 100, meaning it is 24% less expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 19 | 24 | 37 | 52 | 66 | 76 | 80 | 78 | 70 | 55 | 38 | 24 |
| Low °F | 2 | 6 | 19 | 33 | 46 | 56 | 61 | 59 | 50 | 37 | 23 | 10 |
| Precip" | 0.38 | 0.41 | 1.00 | 2.04 | 3.05 | 3.72 | 4.00 | 3.46 | 2.63 | 2.21 | 0.83 | 0.36 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Alexandria, MN?
Alexandria has a cost index of 76 (100 = national average). It is 24% below the national average.
What is average rent in Alexandria, MN?
The median gross rent in Alexandria is $907 per month based on 2023 Census data.
What is the average home price in Alexandria?
The median home value in Alexandria is $247,200 according to Zillow and Census data.
What is the median income in Alexandria?
The median household income in Alexandria is $61,558 per year (2023 ACS 5-year estimates).
What is the sales tax in Alexandria, MN?
The combined state and local sales tax rate in Alexandria is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Alexandria, MN affordable?
Yes, Alexandria is generally considered affordable, with a cost of living index of 76 — about 24% below the US national average of 100.
What is the weather like in Alexandria?
Alexandria has average high temperatures of 51.5°F and average lows of 33.5°F. Annual precipitation is 24.1". Data from NOAA 1991–2020 Climate Normals.
Alexandria at a Glance
- Population
- 14,579
- Median Income
- $61,558
- Home Value
- $247,200
- Median Rent
- $907/mo
- Unemployment
- 3.4%
- Avg High Temp
- 51.5°F
- 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