Home / Minnesota / Kennedy

Cost of Living in Kennedy, MN

Population: 185 | Minnesota

79
Cost of Living Index
US Average = 100

Kennedy is 21% less expensive than the national average.

100
Housing
22
Home Values
96
Regional Price

Cost of Living in Kennedy, MN: What You Need to Know

With a cost of living index of 79, Kennedy, MN is a very affordable place to live. Living here is 21% cheaper than the national average and 3% below the Minnesota state average of 82. Kennedy is a small community of 185 residents.

The median household income in Kennedy is $46,875, which is 38% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Kennedy. The area sees an average annual temperature of 38.4°F, with summers averaging 66°F and winters around 8°F. Annual rainfall totals 22.1 inches spread over roughly 104 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.

Income

Median Household Income
$46,875
vs US Median ($75,149)
-38%

Housing

Median Home Value
$67,700
Median Monthly Housing Cost
$714/mo

Climate in Kennedy

NOAA 30-year normals (1991-2020)

38.4°F
Avg Temperature
22.1"
Rainfall / Year
104d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 13 18 31 50 65 75 79 78 69 52 34 20
Avg °F 4 8 22 40 53 64 68 66 57 42 26 12
Low °F -5 -2 13 29 42 53 57 54 45 32 18 4
Rain" 0.5 0.4 0.8 1.1 3.2 4.1 3.3 2.6 2.8 1.8 0.9 0.6

Compare Kennedy With