Cost Of Living in Taunton, MN

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

Get Access to 300+ Local Data Points

A+

22%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

64%

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	Taunton	Minnesota	National
Cost of living	78	100	100
Groceries	98	100	100
Health care	95	100	100
Housing	36	100	100
Transportation	93	100	100
Utilities	104	104	100
Lifestyle & Entertainment	93	100	100
Household Items	95	100	100
Education & Childcare	98	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 Taunton, MN

1153 360th St

Taunton, MN

See the Newest Homes For Sale In Taunton, MN

Cost Of Living Quick Facts

The cost of living in Taunton is 22% lower than the Minnesota average
The cost of living in Taunton is 22% lower than the national average
Taunton housing is 64% 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 Taunton

See all the best places to live around Taunton

Compare Taunton, MN Cost of Living

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

See all Taunton poll results

The best places in Minnesota

Here are the best places to live in Minnesota

These are the 10 cheapest cities in Minnesota

See the best places to live in Taunton

Most Dangerous States 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	$68,780	$5,732	$1,605	$2,064
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.
Arco, MN	73	96	3.5%
St. Leo, MN	166	76	24.3%
Porter, MN	166	78	21.6%
Clarkfield, MN	990	84	16.1%
Ivanhoe, MN	640	82	17.7%
Taunton, MN	164	78	21.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Five Points, AL	164	99	0.6%
Paradise CDP, CA	164	148	47.8%
Hasty, CO	164	88	11.6%
Pilot Mound, IA	164	78	22.5%
St. Charles, ID	164	100	0.3%
Taunton, MN	164	78	21.8%