Cost of Living in Marshall, MN
Population 13,880 · Minnesota · Data vintage 2023
(100 = US avg)
Buyers in Marshall can reasonably expect a home to cost less than three years of household income — $199,000 against $64,636 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Geographically, Marshall lies roughly 80 miles northeast of the nearest major metro, Sioux Falls. Median home values run roughly 27% lower than Sioux Falls' $271,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Marshall
The median home value in Marshall is $198,900 — 35% below the national median of $305,000. Median rent runs $742/month, 44% lower than the national median of $1,314/month. The median household income of $64,636/year is 13% lower than the US median of $74,580. The local unemployment rate is 3.6%, 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, Marshall has a cost of living index of 62 versus the US average of 100, meaning it is 38% 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
💨 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 Marshall, MN?
Marshall has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Marshall, MN?
The median gross rent in Marshall is $742 per month based on 2023 Census data.
What is the average home price in Marshall?
The median home value in Marshall is $198,900 according to Zillow and Census data.
What is the median income in Marshall?
The median household income in Marshall is $64,636 per year (2023 ACS 5-year estimates).
What is the sales tax in Marshall, MN?
The combined state and local sales tax rate in Marshall is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Marshall, MN affordable?
Yes, Marshall is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
Marshall at a Glance
- Population
- 13,880
- Median Income
- $64,636
- Home Value
- $198,900
- Median Rent
- $742/mo
- Unemployment
- 3.6%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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