Cost Of Living in Halma, MN

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A+

1%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

100%

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	Halma	Minnesota	National
Cost of living	99	100	100
Groceries	98	100	100
Health care	98	100	100
Housing	n/a	100	100
Transportation	98	100	100
Utilities	102	104	100
Lifestyle & Entertainment	99	100	100
Household Items	101	100	100
Education & Childcare	97	99	100

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Cost Of Living Quick Facts

The cost of living in Halma is 1% lower than the Minnesota average
The cost of living in Halma is 1% lower than the national average
Halma housing is 5% 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	$64,361	$5,363	$1,502	$1,931
Renters	$0	$0	$0	$0

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.
Donaldson, MN	8	99	1.3%
Strandquist, MN	85	73	27.0%
Lake Bronson, MN	205	79	20.7%
Kennedy, MN	218	81	18.6%
Karlstad, MN	774	85	14.9%
Halma, MN	41	99	1.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Eagle Village, AK	41	103	2.7%
Levelock, AK	41	92	7.6%
Stony River, AK	41	118	18.0%
Tibbie, AL	41	96	3.7%
Haigler Creek, AZ	41	128	28.0%
Halma, MN	41	99	1.3%