Cost of Living in Karlstad, MN

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15%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
47%
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 Karlstad Minnesota National
Cost of living85100100
Groceries98100100
Health care98100100
Housing53100100
Transportation98100100
Utilities102104100
Lifestyle & Entertainment99100100
Household Items101100100
Education & Childcare9799100
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Homes For Sale In Karlstad, MN

property for sale

102 Colony Dr S

Karlstad, MN
property for sale

305 Harding St S

Karlstad, MN
property for sale

504 Main St S

Karlstad, MN
property for sale

105 Valley View Rd

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

Cost Of Living Quick Facts

  • The cost of living in Karlstad is 15% lower than the Minnesota average
  • The cost of living in Karlstad is 15% lower than the national average
  • Karlstad housing is 47% 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

Most Affordable Places to Live in and Around Karlstad

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Compare Karlstad, MN Cost of Living

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      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$79,421$6,618$1,853$2,383
      Renters$34,326$2,861$801$1,030

      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.
      Halma, MN41991.3%
      Strandquist, MN857327.0%
      Lake Bronson, MN2057920.7%
      Karlstad, MN7748514.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ellendale, DE774963.9%
      Dakota City, IA7748317.4%
      Pinnacle, NC774927.7%
      Wampsville, NY774981.8%
      Rossiter, PA7748613.6%
      Karlstad, MN7748514.9%
      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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