| Index | Herman | Minnesota | National |
| Cost of living | 84 | 100 | 100 |
| Groceries | 102 | 100 | 100 |
| Health care | 98 | 100 | 100 |
| Housing | 45 | 100 | 100 |
| Transportation | 101 | 100 | 100 |
| Utilities | 103 | 104 | 100 |
| Lifestyle & Entertainment | 100 | 100 | 100 |
| Household Items | 102 | 100 | 100 |
| Education & Childcare | 98 | 99 | 100 |

| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $109,422 | $9,119 | $2,553 | $3,283 |
| Renters | $21,743 | $1,812 | $507 | $652 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Norcross, MN | 66 | 101 | 0.7% |
| Tintah, MN | 58 | 72 | 27.8% |
| Elbow Lake CDP, MN | 70 | 78 | 21.6% |
| Dumont, MN | 116 | 81 | 19.2% |
| Barrett, MN | 379 | 86 | 13.7% |
| Herman, MN | 534 | 84 | 16.2% |
| City | Population | Cost of Living Index | National Avg. |
| Babbie, AL | 534 | 79 | 20.9% |
| Keams Canyon, AZ | 534 | 85 | 15.2% |
| Turkey Creek, AZ | 534 | 81 | 18.7% |
| Burt, IA | 534 | 84 | 16.4% |
| Washburn, IA | 534 | 85 | 14.9% |
| Herman, MN | 534 | 84 | 16.2% |