Cost of Living in Nerstrand, MN
Population: 210 | Minnesota
Nerstrand is 10% less expensive than the national average.
Cost of Living in Nerstrand, MN: What You Need to Know
With a cost of living index of 90, Nerstrand, MN is a very affordable place to live. Living here is 10% cheaper than the national average and 7% above the Minnesota state average of 82. Nerstrand is a small community of 210 residents.
The median household income in Nerstrand is $83,125, which is 11% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Nerstrand. The area sees an average annual temperature of 46.9°F, with summers averaging 72°F and winters around 20°F. Annual rainfall totals 31.6 inches spread over roughly 119 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
- $83,125
- vs US Median ($75,149)
- +11%
Housing
- Median Home Value
- $194,000
- Median Monthly Housing Cost
- $1,587/mo
Climate in Nerstrand
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 24 | 29 | 42 | 57 | 69 | 79 | 83 | 81 | 73 | 58 | 42 | 29 |
| Avg °F | 16 | 21 | 33 | 47 | 60 | 70 | 74 | 72 | 64 | 50 | 35 | 22 |
| Low °F | 9 | 13 | 25 | 38 | 50 | 60 | 65 | 63 | 54 | 41 | 28 | 15 |
| Rain" | 0.9 | 0.9 | 1.7 | 2.9 | 3.9 | 4.6 | 4.1 | 4.3 | 3.0 | 2.6 | 1.6 | 1.2 |