Cost of Living in North Branch, MN
Population 11,182 · Minnesota · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives North Branch a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $291,000.
Geographically, North Branch is about 40 miles north of St. Paul, the nearest large metro. Housing prices track closely with St. Paul's $280,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in North Branch
The median home value in North Branch is $290,600 — 5% below the national median of $305,000. Median rent runs $1,178/month, 10% lower than the national median of $1,314/month. The median household income of $90,383/year is 21% higher than the US median of $74,580. The local unemployment rate is 4.7%, 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, North Branch has a cost of living index of 93 versus the US average of 100, meaning it is 7% 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in North Branch, MN?
North Branch has a cost index of 93 (100 = national average). It is 7% below the national average.
What is average rent in North Branch, MN?
The median gross rent in North Branch is $1,178 per month based on 2023 Census data.
What is the average home price in North Branch?
The median home value in North Branch is $290,600 according to Zillow and Census data.
What is the median income in North Branch?
The median household income in North Branch is $90,383 per year (2023 ACS 5-year estimates).
What is the sales tax in North Branch, MN?
The combined state and local sales tax rate in North Branch is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is North Branch, MN affordable?
North Branch is near the national average in terms of cost of living, with an index of 93 (100 = US average).
North Branch at a Glance
- Population
- 11,182
- Median Income
- $90,383
- Home Value
- $290,600
- Median Rent
- $1,178/mo
- Unemployment
- 4.7%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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