Cost of Living in Flensburg, MN

With a cost of living index of 68, Flensburg, MN is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 14% below the Minnesota state average of 82. Flensburg is a small community of 213 residents.

Housing costs are the biggest factor in Flensburg's cost of living. The median monthly rent is $631 (52% below the US median of $1,319), and the median home value sits at $188,100 (38% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Flensburg is $107,500, which is 43% higher than the national median of $75,149. Residents spend roughly 7% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Flensburg. The area sees an average annual temperature of 42.9°F, with summers averaging 68°F and winters around 15°F. Annual rainfall totals 28.5 inches spread over roughly 111 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.