Cost of Living in Tower, MN

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12%
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 Tower Minnesota National
Cost of living88100100
Groceries100100100
Health care99100100
Housing57100100
Transportation104100100
Utilities107104100
Lifestyle & Entertainment97100100
Household Items100100100
Education & Childcare9899100
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Homes For Sale In Tower, MN

property for sale

7272 Far North Rd

Orr, MN
property for sale

5441 N Ely IS

Tower, MN
property for sale

5441 Ely IS

Tower, MN
property for sale

5441 Ely Is N

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

Cost Of Living Quick Facts

  • The cost of living in Tower is 13% lower than the Minnesota average
  • The cost of living in Tower is 12% lower than the national average
  • Tower 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 Tower

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Compare Tower, MN Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$89,847$7,487$2,096$2,696
      Renters$25,804$2,150$602$774

      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.
      Soudan, MN4818316.8%
      Tower, MN4758812.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kwethluk, AK475946.2%
      Ripley, CA475981.9%
      Emerson, IA4758416.1%
      Almena, KS4758119.0%
      Leon, KS4758416.4%
      Tower, MN4758812.4%
      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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