Cost of Living in Remer, MN

With a cost of living index of 66, Remer, MN is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 16% below the Minnesota state average of 82. Remer is a small community of 348 residents.

Housing costs are the biggest factor in Remer's cost of living. The median monthly rent is $686 (48% below the US median of $1,319), and the median home value sits at $146,300 (52% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Remer is $42,750, which is 43% lower than the national median of $75,149. Residents spend roughly 19% 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 Remer. 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.