Cost of Living in Hermantown, MN

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C
12%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
38%
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 Hermantown Minnesota National
Cost of living112100100
Groceries100100100
Health care99100100
Housing138100100
Transportation104100100
Utilities107104100
Lifestyle & Entertainment97100100
Household Items100100100
Education & Childcare9899100
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Homes For Sale In Hermantown, MN

property for sale

4966 Anderson Rd

Hermantown, MN
property for sale

3645 Haines Rd

Hermantown, MN
property for sale

4809 Oak Ridge Dr

Duluth, MN
property for sale

3977 Lavaque Rd

Hermantown, MN
See the Newest Homes For Sale In Hermantown, MN

Cost Of Living Quick Facts

  • The cost of living in Hermantown is 12% higher than the Minnesota average
  • The cost of living in Hermantown is 12% higher than the national average
  • Hermantown housing is 38% higher 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

Most Affordable Places to Live in and Around Hermantown

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      Salary Calculator

      This is how much you would need to earn in
      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$142,324$11,860$3,321$4,270
      Renters$48,930$4,078$1,142$1,468
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Hermantown, MN, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Hermantown, homeowners have a median income of $142,324. Using that number, a maximum of $3,321 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $48,930, which means there is a maximum of $1,142 to be spent on the costs of renting a home or apartment.

      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.
      Superior, WI26,920927.8%
      Proctor, MN3,119945.6%
      Carlton, MN1,039955.1%
      Oliver, WI288955.0%
      Cloquet, MN12,471973.2%
      Hermantown, MN9,88111211.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bardmoor, FL9,88011212.1%
      Alderwood Manor, WA9,88014444.4%
      Blackwells Mills, NJ9,88217877.7%
      Lititz, PA9,8771022.1%
      Brownsville, TN9,8778514.9%
      Hermantown, MN9,88111211.8%
      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.
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