Cost of Living in Red Wing, MN
Population 16,660 · Minnesota · Data vintage 2023
(100 = US avg)
Housing costs in Red Wing stay well under national norms: a median home value of $225,000 against median household incomes of $65,259 gives the city one of the more comfortable price-to-income ratios in Minnesota.
Red Wing is about 35 miles southeast of St. Paul, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% lower than St. Paul's $280,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Red Wing
The median home value in Red Wing is $224,800 — 26% below the national median of $305,000. Median rent runs $954/month, 27% lower than the national median of $1,314/month. The median household income of $65,259/year is 12% lower 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, Red Wing has a cost of living index of 73 versus the US average of 100, meaning it is 27% 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 Red Wing, MN?
Red Wing has a cost index of 73 (100 = national average). It is 27% below the national average.
What is average rent in Red Wing, MN?
The median gross rent in Red Wing is $954 per month based on 2023 Census data.
What is the average home price in Red Wing?
The median home value in Red Wing is $224,800 according to Zillow and Census data.
What is the median income in Red Wing?
The median household income in Red Wing is $65,259 per year (2023 ACS 5-year estimates).
What is the sales tax in Red Wing, MN?
The combined state and local sales tax rate in Red Wing is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Red Wing, MN affordable?
Yes, Red Wing is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
Red Wing at a Glance
- Population
- 16,660
- Median Income
- $65,259
- Home Value
- $224,800
- Median Rent
- $954/mo
- Unemployment
- 4.7%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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