Cost of Living in Jordan, MN

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B-
8%
Overall NAT. AVG.
2%
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 Jordan Minnesota National
Cost of living108100100
Groceries98100100
Health care100100100
Housing131100100
Transportation97100100
Utilities100104100
Lifestyle & Entertainment98100100
Household Items98100100
Education & Childcare9599100
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Homes For Sale In Jordan, MN

property for sale

1141 Jasmine Ln

Jordan, MN
property for sale

109 Lydia Rd

Jordan, MN
property for sale

PART NW1/4 of SW1/4 Acres Located in Section 23

Jordan, MN
property for sale

1004 Bridle Creek Dr

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

Cost Of Living Quick Facts

  • The cost of living in Jordan is 8% higher than the Minnesota average
  • The cost of living in Jordan is 8% higher than the national average
  • Jordan housing is 31% 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 Jordan

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      Price difference in compared to
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$165,179$13,765$3,854$4,956
      Renters$52,546$4,379$1,226$1,577
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Jordan, MN, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Jordan homeowners, is $165,179. This would allow for a maximum of $3,854 per month to be spent on housing costs. For renters, the median monthly income is $52,546 which would result in a maximum of $1,226 to be spent on rental costs.

      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.
      Le Sueur, MN4,135945.6%
      Henderson, MN949954.6%
      Norwood Young America, MN3,8601010.7%
      Belle Plaine, MN7,3901044.0%
      Lonsdale, MN4,1861087.9%
      Jordan, MN6,4991088.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Simsbury Center, CT6,49912827.8%
      Henderson, TN6,4988614.0%
      Clover, SC6,497991.4%
      Castroville, CA6,50115959.0%
      Corry, PA6,4958415.5%
      Jordan, MN6,4991088.0%
      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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