Cost of Living in Zumbro Falls, MN

With a cost of living index of 82, Zumbro Falls, MN is a very affordable place to live. Living here is 18% cheaper than the national average and in line with the Minnesota state average. Zumbro Falls is a small community of 176 residents.

Housing costs are the biggest factor in Zumbro Falls's cost of living. The median monthly rent is $954 (28% below the US median of $1,319), and the median home value sits at $246,400 (19% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Zumbro Falls is $91,458, which is 22% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Zumbro Falls. The area sees an average annual temperature of 44.8°F, with summers averaging 69°F and winters around 18°F. Annual rainfall totals 34.7 inches spread over roughly 124 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Rochester, 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.