Cost of Living in Kasson, MN

Population 6,964 · Minnesota · Data vintage 2023

84
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Kasson 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 2.9% — below most comparable cities in the state.

Kasson sits roughly 13 miles west of Rochester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% lower than Rochester's $288,000.

Cost Overview

Housing 87
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Kasson

The median home value in Kasson is $264,500 — 13% below the national median of $305,000. Median rent runs $1,066/month, 19% lower than the national median of $1,314/month. The median household income of $87,295/year is 17% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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, Kasson has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.

🏠 Housing

Median Home Value
$264,500
13% below avg
Zillow Home Value
$916,684
Zillow ZHVI
Median Rent
$1,066/mo
19% below avg
Price-to-Rent Ratio
20.7x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 90.4%
Renter-occupied 9.6%

💰 Estimated Monthly Budget

Rent median rent
$1,066
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,680/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.7 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
74.8%
Carpooled
14.7%
Public transit
1.7%
Walked
0.3%
Work from home
8.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$87,295
17% above avg
Per Capita Income
$42,156
Unemployment Rate
2.9%
40% below avg
Poverty Rate
2.6%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 28.7%
Graduate degree 9.7%

👥 Demographics

Median Age 33.6
Male median age 32
Female median age 34.6

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
23.8:1
Student-teacher ratio
3
Public schools
2,257
Total enrollment

Frequently Asked Questions

What is the cost of living in Kasson, MN?

Kasson has a cost index of 84 (100 = national average). It is 16% below the national average.

What is average rent in Kasson, MN?

The median gross rent in Kasson is $1,066 per month based on 2023 Census data.

What is the average home price in Kasson?

The median home value in Kasson is $264,500 according to Zillow and Census data.

What is the median income in Kasson?

The median household income in Kasson is $87,295 per year (2023 ACS 5-year estimates).

What is the sales tax in Kasson, MN?

The combined state and local sales tax rate in Kasson is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Kasson, MN affordable?

Yes, Kasson is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.

Kasson at a Glance

Population
6,964
Median Income
$87,295
Home Value
$264,500
Median Rent
$1,066/mo
Unemployment
2.9%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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