Cost of Living in Paynesville, MN

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A+
8%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
29%
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 Paynesville Minnesota National
Cost of living92100100
Groceries100100100
Health care99100100
Housing71100100
Transportation100100100
Utilities106104100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare9999100
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Homes For Sale In Paynesville, MN

property for sale

366 Genessee Ave

Paynesville, MN
property for sale

516 Hudson St

Paynesville, MN
property for sale

21372 273rd Ave

Paynesville, MN
property for sale

15995 Cushing Rd

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

Cost Of Living Quick Facts

  • The cost of living in Paynesville is 9% lower than the Minnesota average
  • The cost of living in Paynesville is 8% lower than the national average
  • Paynesville housing is 29% 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 Paynesville

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Compare Paynesville, MN Cost of Living

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      Cost of living index
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      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$86,629$7,219$2,021$2,599
      Renters$73,599$6,133$1,717$2,208

      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.
      Regal, MN528713.1%
      Belgrade, MN1,0638911.4%
      Eden Valley, MN1,039909.6%
      Roscoe, MN134918.8%
      St. Martin, MN363927.9%
      Paynesville, MN2,578928.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hughesville, MD2,57815756.6%
      Hébertville, QC2,577n/a 
      White River Junction, VT2,5791088.4%
      Orchard Lake Village, MI2,57618382.7%
      Dolgeville, NY2,576937.1%
      Paynesville, MN2,578928.4%
      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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