The Most Affordable Cities in Minnesota (2026)

Ranked by cost index: the average of renting, buying, goods, and services compared to the national average (100). All data from Census ACS 2024 and BEA Regional Price Parities 2023.

1

Saint Paul

92.2

Rent: $1,150/mo · Homes: $290,000 · Income: $70,182

Up to 9.85% · Sales tax: 8.88%

2

Rochester

94.5

Rent: $1,500/mo · Homes: $326,100 · Income: $90,020

Up to 9.85% · Sales tax: 7.375%

3

Minneapolis

100.4

Rent: $1,340/mo · Homes: $368,300 · Income: $77,732

Up to 9.85% · Sales tax: 7.875%

Sources: Rent and home prices from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Tax rates from Tax Foundation.