Cost of Living in Parkers Prairie, MN

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13%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
43%
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 Parkers Prairie Minnesota National
Cost of living87100100
Groceries100100100
Health care99100100
Housing57100100
Transportation100100100
Utilities106104100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare9999100
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Homes For Sale In Parkers Prairie, MN

property for sale

15981 Bayview Dr NE

Parkers Prairie, MN
property for sale

318 W Oak St

Parkers Prairie, MN
property for sale

404 S Clayborn Ave

Parkers Prairie, MN
property for sale

12157 County Highway 79

Parkers Prairie, MN

Cost Of Living Quick Facts

  • The cost of living in Parkers Prairie is 13% lower than the Minnesota average
  • The cost of living in Parkers Prairie is 13% lower than the national average
  • Parkers Prairie housing is 43% 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 Parkers Prairie

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Compare Parkers Prairie, MN Cost of Living

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      Price difference in compared to
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      Groceries index
      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$89,567$7,464$2,090$2,687
      Renters$23,702$1,975$553$711

      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.
      Hewitt, MN2378218.3%
      Urbank, MN538316.5%
      Bertha, MN5818416.0%
      Clitherall, MN1138415.8%
      Vining, MN428514.9%
      Parkers Prairie, MN1,1578712.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mammoth Spring, AR1,1578020.5%
      Clay, CA1,15718282.4%
      Morningside, MD1,15711717.1%
      Cairo, NE1,157919.5%
      Twin Lakes, NM1,1577921.2%
      Parkers Prairie, MN1,1578712.6%
      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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