Cost of Living in Ebro, MN

With a cost of living index of 57, Ebro, MN is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 25% below the Minnesota state average of 82. Ebro is a small community of 85 residents.

Housing costs are the biggest factor in Ebro's cost of living. The median monthly rent is $700 (47% below the US median of $1,319), and the median home value sits at $72,500 (76% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Ebro is $26,667, which is 65% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Grand Forks, 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.