Cost Of Living in Shelly, MN

Get 300+ Local Insights for Any Address in Shelly, MN

Get Access to 300+ Local Data Points

A+

20%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

63%

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	Shelly	Minnesota	National
Cost of living	80	100	100
Groceries	98	100	100
Health care	98	100	100
Housing	37	100	100
Transportation	98	100	100
Utilities	102	104	100
Lifestyle & Entertainment	99	100	100
Household Items	101	100	100
Education & Childcare	97	99	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Shelly, MN

204 Johnson St

Shelly, MN

See the Newest Homes For Sale In Shelly, MN

Cost Of Living Quick Facts

The cost of living in Shelly is 20% lower than the Minnesota average
The cost of living in Shelly is 20% lower than the national average
Shelly housing is 63% 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 Shelly

See all the best places to live around Shelly

Compare Shelly, MN Cost of Living

Write a review to give others more information about this area.

See all Shelly poll results

The best places in Minnesota

Here are the best places to live in Minnesota

These are the largest cities in Minnesota

Most Dangerous States In The US

Most Dangerous Cities In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
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	$73,335	$6,111	$1,711	$2,200
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.
Nielsville, MN	97	99	1.3%
Caledonia, ND	49	99	1.3%
Beltrami, MN	98	76	24.1%
Ada, MN	1,987	86	13.9%
Halstad, MN	604	86	13.6%
Shelly, MN	167	80	19.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Tomales, CA	167	179	79.5%
Rock Falls, IA	167	89	10.8%
Westphalia, IA	167	84	16.0%
Ferris, IL	167	80	19.6%
Colburn, IN	167	86	14.4%
Shelly, MN	167	80	19.7%