Cost of Living in Plato, MN
Population: 193 | Minnesota
Plato is 8% less expensive than the national average.
Cost of Living in Plato, MN: What You Need to Know
With a cost of living index of 92, Plato, MN is slightly more affordable than average. Living here is 8% cheaper than the national average and 10% above the Minnesota state average of 82. Plato is a small community of 193 residents.
The median household income in Plato is $99,375, which is 32% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Plato. 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.
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
- $99,375
- vs US Median ($75,149)
- +32%
Housing
- Median Home Value
- $228,900
- Median Monthly Housing Cost
- $1,353/mo
Climate in Plato
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 24 | 29 | 42 | 57 | 70 | 79 | 84 | 81 | 74 | 59 | 43 | 29 |
| Avg °F | 16 | 20 | 33 | 47 | 60 | 69 | 74 | 71 | 64 | 50 | 35 | 22 |
| Low °F | 8 | 12 | 24 | 37 | 49 | 59 | 64 | 62 | 53 | 40 | 27 | 14 |
| Rain" | 0.7 | 0.6 | 1.5 | 2.7 | 3.9 | 4.7 | 4.3 | 4.7 | 3.1 | 2.3 | 1.4 | 0.9 |