Cost of Living in Adrian, MN
Population: 1,288 | Minnesota
Adrian is 30% less expensive than the national average.
Cost of Living in Adrian, MN: What You Need to Know
With a cost of living index of 70, Adrian, MN is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 12% below the Minnesota state average of 82. Adrian is a small community of 1,288 residents.
Housing costs are the biggest factor in Adrian's cost of living. The median monthly rent is $729 (45% below the US median of $1,319), and the median home value sits at $172,000 (44% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Adrian is $74,100, which is 1% lower than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $74,100
- vs US Median ($75,149)
- -1%
Housing
- Median Rent
- $729/mo
- Median Home Value
- $172,000
- Median Monthly Housing Cost
- $950/mo