Cost of Living in New Munich, MN

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10%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
33%
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 New Munich Minnesota National
Cost of living90100100
Groceries100100100
Health care99100100
Housing67100100
Transportation100100100
Utilities106104100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare9999100
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Homes For Sale In New Munich, MN

property for sale

222 3rd Ave W

New Munich, MN
property for sale

242 3rd Ave W

New Munich, MN
property for sale

252 3rd Ave W

New Munich, MN
property for sale

272 3rd Ave W

New Munich, MN

Cost Of Living Quick Facts

  • The cost of living in New Munich is 10% lower than the Minnesota average
  • The cost of living in New Munich is 10% lower than the national average
  • New Munich housing is 33% 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 New Munich

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Compare New Munich, 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$98,848$8,237$2,306$2,966
      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.
      Elmdale, MN1631010.6%
      Grey Eagle, MN3078713.5%
      Belgrade, MN1,0638911.4%
      Greenwald, MN231909.8%
      Roscoe, MN134918.8%
      New Munich, MN319909.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Boligee, AL3198316.9%
      Oak Glen, CA319214114.1%
      Waucoma, IA3198317.4%
      Glenwood, IN3198416.3%
      Scipio, IN319973.3%
      New Munich, MN319909.5%
      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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