Cost of Living in Comfrey, MN
Population: 297 | Minnesota
Comfrey is 40% less expensive than the national average.
Cost of Living in Comfrey, MN: What You Need to Know
With a cost of living index of 60, Comfrey, MN is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 22% below the Minnesota state average of 82. Comfrey is a small community of 297 residents.
Housing costs are the biggest factor in Comfrey's cost of living. The median monthly rent is $625 (53% below the US median of $1,319), and the median home value sits at $93,300 (69% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.
The median household income in Comfrey is $60,750, which is 19% 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $60,750
- vs US Median ($75,149)
- -19%
Housing
- Median Rent
- $625/mo
- Median Home Value
- $93,300
- Median Monthly Housing Cost
- $729/mo