Cost of Living in Mora, MN

Population 3,708 · Minnesota · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mora is a smaller Minnesota community of around 4000 residents, where median household incomes of $53,704 and housing costs ($180,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Mora is about 65 miles north of Minneapolis, the nearest large metro. Median home values run roughly 48% lower than Minneapolis' $346,000.

Cost Overview

Housing 59

Rent 69

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

About the Cost of Living in Mora

The median home value in Mora is $180,300 — 41% below the national median of $305,000. Median rent runs $903/month, 31% lower than the national median of $1,314/month. The median household income of $53,704/year is 28% lower than the US median of $74,580. The local unemployment rate is 4.3%, 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, Mora has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

📍

Mora 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:

North Branch, MN

Median home: $290,600

Rent: $1,178/mo

Income: $90,383

East Bethel, MN

Median home: $343,200

Rent: $1,770/mo

Income: $114,583

Elk River, MN

Median home: $338,300

Rent: $1,269/mo

Income: $99,457

Big Lake, MN

Median home: $291,700

Rent: $1,417/mo

Income: $113,333

Andover, MN

Median home: $389,200

Rent: $1,827/mo

Income: $131,528

🏠 Housing

Median Home Value

$180,300

41% below avg

Zillow Home Value

$238,604

Zillow ZHVI

Median Rent

$903/mo

31% below avg

Price-to-Rent Ratio

16.6x

Favors buying

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 58.4%

Renter-occupied 41.6%

💰 Estimated Monthly Budget

Rent median rent

$903

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,517/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

22.6 min

16% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

6.5%

Commute Mode

Drove alone

66.5%

Carpooled

12.7%

Public transit

1.3%

Walked

12.6%

Bicycle

0.5%

Work from home

6.5%

⚡ 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

$53,704

28% below avg

Per Capita Income

$29,574

Unemployment Rate

4.3%

10% below avg

Poverty Rate

14.2%

Labor Force Participation

53.8%

🎓 Education

Bachelor's degree+ 11.6%

Graduate degree 7.1%

👥 Demographics

Median Age 41.2

Male median age 39.1

Female median age 49.2

🏫 Schools

NCES CCD 2019 — public school district data

87%

4-Year Graduation Rate

15.4:1

Student-teacher ratio

Public schools

1,664

Total enrollment

Frequently Asked Questions

What is the cost of living in Mora, MN?

Mora has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Mora, MN?

The median gross rent in Mora is $903 per month based on 2023 Census data.

What is the average home price in Mora?

The median home value in Mora is $180,300 according to Zillow and Census data.

What is the median income in Mora?

The median household income in Mora is $53,704 per year (2023 ACS 5-year estimates).

What is the sales tax in Mora, MN?

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

Is Mora, MN affordable?

Yes, Mora is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

Mora at a Glance

Population: 3,708
Median Income: $53,704
Home Value: $180,300
Median Rent: $903/mo
Unemployment: 4.3%
Sales Tax: 7.4%

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