Cost of Living in Orono, MN

Population 8,205 · Minnesota · Data vintage 2023

238
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Orono's housing market reflects its status as a high-earning metro: $952,000 for a typical home, 212% above the US median, paired with household incomes around $181,875 that put it in the upper third of the state. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Orono sits roughly 15 miles west of Minneapolis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 176% higher than Minneapolis' $346,000.

Cost Overview

Housing 312
Rent 126

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

About the Cost of Living in Orono

The median home value in Orono is $952,400 — 212% above the national median of $305,000. Median rent runs $1,653/month, 26% higher than the national median of $1,314/month. The median household income of $181,875/year is 144% 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, Orono has a cost of living index of 238 versus the US average of 100, meaning it is 138% more expensive.

🏠 Housing

Median Home Value
$952,400
212% above avg
Zillow Home Value
$266,394
Zillow ZHVI
Median Rent
$1,653/mo
26% above avg
Price-to-Rent Ratio
48.0x
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 90.5%
Renter-occupied 9.5%

💰 Estimated Monthly Budget

Rent median rent
$1,653
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,267/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
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
31.2%

Commute Mode

Drove alone
63.0%
Carpooled
1.7%
Public transit
0.1%
Walked
0.7%
Work from home
31.2%

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
$181,875
144% above avg
Per Capita Income
$131,289
Unemployment Rate
2.9%
40% below avg
Poverty Rate
6.3%
Labor Force Participation
68.0%

🎓 Education

Bachelor's degree+ 43.1%
Graduate degree 25.8%

👥 Demographics

Median Age 47.2
Male median age 46.7
Female median age 49.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
47.4%
Good air days/yr
187
Max AQI recorded
273
PM2.5 days
69
Ozone days

Frequently Asked Questions

What is the cost of living in Orono, MN?

Orono has a cost index of 238 (100 = national average). It is 138% above the national average.

What is average rent in Orono, MN?

The median gross rent in Orono is $1,653 per month based on 2023 Census data.

What is the average home price in Orono?

The median home value in Orono is $952,400 according to Zillow and Census data.

What is the median income in Orono?

The median household income in Orono is $181,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Orono, MN?

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

Is Orono, MN affordable?

Orono is above average in cost of living, with an index of 238 — about 138% higher than the national average.

Orono at a Glance

Population
8,205
Median Income
$181,875
Home Value
$952,400
Median Rent
$1,653/mo
Unemployment
2.9%
Sales Tax
7.4%
View all cities in Minnesota →
🗺️ County data for Minnesota

Explore county-level cost of living data

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