Cost of Living in Ogilvie, MN

With a cost of living index of 71, Ogilvie, MN is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and 11% below the Minnesota state average of 82. Ogilvie is a small community of 388 residents.

Housing costs are the biggest factor in Ogilvie's cost of living. The median monthly rent is $855 (35% below the US median of $1,319), and the median home value sits at $106,300 (65% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Ogilvie is $47,188, which is 37% lower than the national median of $75,149. Residents spend roughly 22% 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.

Climate is another factor for anyone considering a move to Ogilvie. The area sees an average annual temperature of 41.4°F, with summers averaging 65°F and winters around 15°F. Annual rainfall totals 33.3 inches spread over roughly 121 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.