Cost of Living in Bird Island, MN
Population: 964 | Minnesota
Bird Island is 38% less expensive than the national average.
Cost of Living in Bird Island, MN: What You Need to Know
With a cost of living index of 62, Bird Island, MN is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 21% below the Minnesota state average of 82. Bird Island is a small community of 964 residents.
Housing costs are the biggest factor in Bird Island's cost of living. The median monthly rent is $617 (53% below the US median of $1,319), and the median home value sits at $114,600 (62% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.
The median household income in Bird Island is $71,190, which is 5% lower than the national median of $75,149. Residents spend roughly 10% 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
- $71,190
- vs US Median ($75,149)
- -5%
Housing
- Median Rent
- $617/mo
- Median Home Value
- $114,600
- Median Monthly Housing Cost
- $630/mo