Cost Of Living in Winsted, MN

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8%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

21%

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	Winsted	Minnesota	National
Cost of living	92	100	100
Groceries	98	100	100
Health care	100	100	100
Housing	79	100	100
Transportation	97	100	100
Utilities	100	104	100
Lifestyle & Entertainment	98	100	100
Household Items	98	100	100
Education & Childcare	95	99	100

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Homes For Sale In Winsted, MN

115 Lake Ave E

Winsted, MN

446 Lake Trl

Winsted, MN

141 Fairlawn Ave E

Winsted, MN

130 Fairlawn Ave E

Winsted, MN

See the Newest Homes For Sale In Winsted, MN

Cost Of Living Quick Facts

The cost of living in Winsted is 8% lower than the Minnesota average
The cost of living in Winsted is 8% lower than the national average
Winsted housing is 21% 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

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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	$88,096	$7,341	$2,055	$2,643
Renters	$26,924	$2,244	$628	$808

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.
Silver Lake, MN	938	90	10.2%
Lester Prairie, MN	1,776	92	7.8%
Cokato, MN	2,804	95	5.2%
Plato, MN	236	94	6.3%
Dassel, MN	1,501	96	4.3%
Winsted, MN	2,084	92	7.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lebanon, NJ	2,084	132	31.8%
Turner, OR	2,084	117	16.9%
Blackville, SC	2,084	84	15.9%
Blountsville, AL	2,085	85	14.7%
Hoschton, GA	2,083	109	8.5%
Winsted, MN	2,084	92	7.7%

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.

Cost of Living in Winsted, MN

Homes For Sale In Winsted, MN

Cost Of Living Quick Facts

Most Affordable Places to Live in and Around Winsted

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The best places in Minnesota

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Median Income & Debt-To-Income Ratio

Minnesota Sales Tax

Minnesota Income Tax

Nearby cities with low cost of living

Cities with similar population