Cost of Living in Byron, MN
Population 6,510 · Minnesota · Data vintage 2023
(100 = US avg)
Byron is a smaller Minnesota community of around 7000 residents, where median household incomes of $121,681 and housing costs ($326,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Byron sits roughly 8 miles west of Rochester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 14% higher than Rochester's $288,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Byron
The median home value in Byron is $326,400 — 7% above the national median of $305,000. Median rent runs $1,079/month, 18% lower than the national median of $1,314/month. The median household income of $121,681/year is 63% higher than the US median of $74,580. The local unemployment rate is 4.9%, above 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, Byron has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.
Byron 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 Byron, MN?
Byron has a cost index of 97 (100 = national average). It is 3% below the national average.
What is average rent in Byron, MN?
The median gross rent in Byron is $1,079 per month based on 2023 Census data.
What is the average home price in Byron?
The median home value in Byron is $326,400 according to Zillow and Census data.
What is the median income in Byron?
The median household income in Byron is $121,681 per year (2023 ACS 5-year estimates).
What is the sales tax in Byron, MN?
The combined state and local sales tax rate in Byron is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Byron, MN affordable?
Byron is near the national average in terms of cost of living, with an index of 97 (100 = US average).
Byron at a Glance
- Population
- 6,510
- Median Income
- $121,681
- Home Value
- $326,400
- Median Rent
- $1,079/mo
- Unemployment
- 4.9%
- 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