Cost of Living in Pine Island, MN
Population 3,693 · Minnesota · Data vintage 2023
(100 = US avg)
Pine Island 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 1.7% — below most comparable cities in the state.
Geographically, Pine Island sits roughly 15 miles northwest of Rochester. Median home values run roughly 13% higher than Rochester's $288,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Pine Island
The median home value in Pine Island is $324,700 — 6% above the national median of $305,000. Median rent runs $959/month, 27% lower than the national median of $1,314/month. The median household income of $91,612/year is 23% higher than the US median of $74,580. The local unemployment rate is 1.7%, 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, Pine Island has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.
Pine Island 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:
🏠 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 Pine Island, MN?
Pine Island has a cost index of 93 (100 = national average). It is 7% below the national average.
What is average rent in Pine Island, MN?
The median gross rent in Pine Island is $959 per month based on 2023 Census data.
What is the average home price in Pine Island?
The median home value in Pine Island is $324,700 according to Zillow and Census data.
What is the median income in Pine Island?
The median household income in Pine Island is $91,612 per year (2023 ACS 5-year estimates).
What is the sales tax in Pine Island, MN?
The combined state and local sales tax rate in Pine Island is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Pine Island, MN affordable?
Pine Island is near the national average in terms of cost of living, with an index of 93 (100 = US average).
Pine Island at a Glance
- Population
- 3,693
- Median Income
- $91,612
- Home Value
- $324,700
- Median Rent
- $959/mo
- Unemployment
- 1.7%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs