Cost Of Living in Cosmos, MN

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15%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

50%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Cosmos	Minnesota	National
Cost of living	85	100	100
Groceries	100	100	100
Health care	99	100	100
Housing	50	100	100
Transportation	100	100	100
Utilities	106	104	100
Lifestyle & Entertainment	101	100	100
Household Items	102	100	100
Education & Childcare	99	99	100

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Cost Of Living Quick Facts

The cost of living in Cosmos is 15% lower than the Minnesota average
The cost of living in Cosmos is 15% lower than the national average
Cosmos housing is 50% lower than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$78,814	$6,568	$1,839	$2,365
Renters	$33,093	$2,758	$772	$993

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cedar Mills, MN	42	101	0.6%
Bird Island, MN	928	85	15.3%
Stewart, MN	628	85	14.5%
Buffalo Lake, MN	672	86	13.7%
Grove City, MN	812	88	11.7%
Cosmos, MN	540	85	14.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Crawfordsville, AR	540	90	10.3%
Hampton, FL	540	90	9.9%
Jay, FL	540	90	10.1%
Hillsboro, IN	540	87	13.2%
Markleville, IN	540	89	11.5%
Cosmos, MN	540	85	14.7%