Cost of Living in Palisade, MN
Population: 135 | Minnesota
Palisade is 19% less expensive than the national average.
Cost of Living in Palisade, MN: What You Need to Know
With a cost of living index of 81, Palisade, MN is a very affordable place to live. Living here is 19% cheaper than the national average and in line with the Minnesota state average. Palisade is a small community of 135 residents.
The median household income in Palisade is $36,250, which is 52% 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 Palisade. The area sees an average annual temperature of 42.2°F, with summers averaging 67°F and winters around 14°F. Annual rainfall totals 24.5 inches spread over roughly 100 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
- $36,250
- vs US Median ($75,149)
- -52%
Housing
- Median Home Value
- $87,500
- Median Monthly Housing Cost
- $1,000/mo
Climate in Palisade
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 21 | 27 | 40 | 55 | 68 | 77 | 82 | 79 | 71 | 56 | 40 | 26 |
| Avg °F | 11 | 16 | 29 | 43 | 55 | 65 | 70 | 67 | 59 | 45 | 31 | 17 |
| Low °F | -0 | 4 | 18 | 31 | 43 | 53 | 58 | 55 | 47 | 35 | 22 | 8 |
| Rain" | 0.5 | 0.4 | 1.0 | 1.6 | 3.3 | 4.0 | 4.4 | 3.1 | 2.6 | 2.4 | 0.9 | 0.6 |