Cost of Living in Pemberton, MN

With a cost of living index of 96, Pemberton, MN is slightly more affordable than average. Living here is 4% cheaper than the national average and 13% above the Minnesota state average of 82. Pemberton is a small community of 236 residents.

Housing costs are the biggest factor in Pemberton's cost of living. The median monthly rent is $1,725 (31% above the US median of $1,319), and the median home value sits at $155,000 (49% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Pemberton is $54,750, which is 27% lower than the national median of $75,149. Residents spend roughly 38% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Pemberton. The area sees an average annual temperature of 46.7°F, with summers averaging 72°F and winters around 19°F. Annual rainfall totals 30.6 inches spread over roughly 107 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Mankato, MN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower 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.