Cost of Living in Borup, MN
Population: 137 | Minnesota
Borup is 24% less expensive than the national average.
Cost of Living in Borup, MN: What You Need to Know
With a cost of living index of 76, Borup, MN is a very affordable place to live. Living here is 24% cheaper than the national average and 6% below the Minnesota state average of 82. Borup is a small community of 137 residents.
The median household income in Borup is $42,386, which is 44% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Fargo, ND-MN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $42,386
- vs US Median ($75,149)
- -44%
Housing
- Median Home Value
- $61,100
- Median Monthly Housing Cost
- $448/mo
Everyday Prices in Borup
BLS Average Prices for the Fargo, ND-MN (Metropolitan Statistical Area) area