Cost Of Living in Homer, MN

Get 300+ Local Insights for Any Address in Homer, MN

Get Access to 300+ Local Data Points

B-

8%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

27%

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	Homer	Minnesota	National
Cost of living	108	100	100
Groceries	100	100	100
Health care	99	100	100
Housing	127	100	100
Transportation	95	100	100
Utilities	104	104	100
Lifestyle & Entertainment	101	100	100
Household Items	100	100	100
Education & Childcare	96	99	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Homer, MN

24141 Homer Valley Rd

Winona, MN

36074 Old Homer Rd

Winona, MN

Cost Of Living Quick Facts

The cost of living in Homer is 7% higher than the Minnesota average
The cost of living in Homer is 8% higher than the national average
Homer housing is 27% 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 Homer

See all the best places to live around Homer

Compare Homer, MN Cost of Living

Write a review to give others more information about this area.

See all Homer poll results

The best places in Minnesota

Here are the best places to live in Minnesota

See the best places to live in Homer

Safest States In The US

Check out the 10 safest cities in Minnesota

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	$94,554	$7,880	$2,206	$2,837
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.
Dodge, WI	145	86	14.1%
Ettrick, WI	668	88	11.5%
Galesville, WI	1,677	93	6.5%
Winona, MN	27,459	94	6.4%
Goodview, MN	4,275	95	5.3%
Homer, MN	182	108	7.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fountain Hill, AR	182	93	7.4%
Elk Creek, CA	182	104	4.3%
Berrydale, FL	182	85	15.2%
Aurora, IA	182	83	16.5%
Linn Grove, IA	182	79	20.7%
Homer, MN	182	108	7.6%