Cost Of Living in Hammond, MN

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A+

9%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

31%

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	Hammond	Minnesota	National
Cost of living	91	100	100
Groceries	100	100	100
Health care	99	100	100
Housing	69	100	100
Transportation	102	100	100
Utilities	108	104	100
Lifestyle & Entertainment	96	100	100
Household Items	100	100	100
Education & Childcare	102	99	100

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Homes For Sale In Hammond, MN

TBD Hill St E

Zumbro Falls, MN

359 Hill St E

Hammond, MN

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Cost Of Living Quick Facts

The cost of living in Hammond is 9% lower than the Minnesota average
The cost of living in Hammond is 9% lower than the national average
Hammond housing is 31% 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	$128,866	$10,739	$3,007	$3,866
Renters	$47,060	$3,922	$1,098	$1,412

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.
Millville, MN	278	89	11.4%
Plainview, MN	3,395	95	5.1%
Elgin, MN	1,214	96	3.7%
Mazeppa, MN	972	98	2.5%
Bellechester, MN	161	98	1.9%
Hammond, MN	112	91	8.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Arlington, AZ	112	106	5.9%
Vilas, CO	112	86	14.3%
Fraser, IA	112	84	16.4%
Gravity, IA	112	76	23.9%
Pontoosuc, IL	112	81	19.4%
Hammond, MN	112	91	8.6%