Cost of Living in Austin, MN
Overall index: 71 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 45 | -55% | $602 |
| Transportation | 101 | +1% | $3.50 |
| Food | 89 | -11% | $365 |
| Utilities | 73 | -27% | $81 |
| Healthcare | 73 | -27% | $59 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Austin?
A single adult living comfortably in Austin, MN needs approximately $24,850 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Austin, MN?
The overall cost of living in Austin, MN is 29% lower than the US national average (index: 71 where 100 = national average).
How much is rent in Austin, MN?
Average rent for a 1-bedroom apartment in Austin, MN is about $602/month.
Is Austin, MN expensive to live in?
No, Austin, MN is affordable (below national average).
What salary do I need to live in Austin, MN?
A single adult needs roughly $24,850/year to cover basic living costs in Austin, MN.