Cost of Living in Shelly, MN
Population: 195 | Minnesota
Shelly is 19% less expensive than the national average.
Cost of Living in Shelly, MN: What You Need to Know
With a cost of living index of 81, Shelly, 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. Shelly is a small community of 195 residents.
The median household income in Shelly is $51,250, which is 32% 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 Shelly. The area sees an average annual temperature of 42.2°F, with summers averaging 69°F and winters around 13°F. Annual rainfall totals 24 inches spread over roughly 109 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
- $51,250
- vs US Median ($75,149)
- -32%
Housing
- Median Home Value
- $88,300
- Median Monthly Housing Cost
- $625/mo
Climate in Shelly
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 18 | 23 | 36 | 54 | 69 | 78 | 82 | 81 | 72 | 56 | 38 | 24 |
| Avg °F | 9 | 13 | 27 | 43 | 57 | 67 | 71 | 69 | 60 | 46 | 30 | 16 |
| Low °F | 0 | 4 | 18 | 32 | 44 | 56 | 59 | 57 | 48 | 35 | 21 | 8 |
| Rain" | 0.7 | 0.7 | 1.3 | 1.5 | 3.1 | 4.3 | 3.1 | 2.6 | 2.7 | 2.2 | 1.0 | 0.9 |