Cost of Living in Ormsby, MN
Population: 123 | Minnesota
Ormsby is 21% less expensive than the national average.
Cost of Living in Ormsby, MN: What You Need to Know
With a cost of living index of 79, Ormsby, MN is a very affordable place to live. Living here is 21% cheaper than the national average and 4% below the Minnesota state average of 82. Ormsby is a small community of 123 residents.
The median household income in Ormsby is $46,500, 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 Ormsby. The area sees an average annual temperature of 44.6°F, with summers averaging 69°F and winters around 18°F. Annual rainfall totals 29.3 inches spread over roughly 106 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
- $46,500
- vs US Median ($75,149)
- -38%
Housing
- Median Home Value
- $60,000
- Median Monthly Housing Cost
- $906/mo
Climate in Ormsby
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 23 | 28 | 41 | 56 | 69 | 79 | 81 | 79 | 73 | 59 | 42 | 28 |
| Avg °F | 15 | 19 | 32 | 45 | 58 | 68 | 71 | 68 | 61 | 47 | 33 | 20 |
| Low °F | 7 | 11 | 23 | 34 | 46 | 57 | 60 | 57 | 49 | 36 | 23 | 12 |
| Rain" | 0.6 | 0.5 | 1.5 | 3.1 | 4.5 | 4.6 | 3.8 | 3.3 | 3.1 | 2.5 | 1.4 | 0.5 |