Cost of living answer

Cost of Living in Delano, MN

Cost of Living in Delano, MN has an overall index of 101, 1% above the U.S. baseline of 100. The typical home value is $347,500; typical monthly rent is $909; and median household income is $118,091.

Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.

Cost vs U.S.1% aboveOverall modeled index 101
Typical rent$909/moCensus ACS
Typical home value$347,500Census ACS
Median household income$118,091Census ACS place estimate
Market PressureModerate

Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.

Rent pressure
9%
Typical annual rent divided by local median household income.
Buy pressure
2.9x
Typical home value divided by local median household income.
Your Household Fit

Can your household carry the housing cost?

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Advanced assumptions
Initial rent input: $909 from ACS. Edit it to match the housing option you are considering.
Mortgage benchmark: 6.11% 30-year fixed, Freddie Mac Primary Mortgage Market Survey via FRED, as of 2026-03-12. Not a lender quote or approval.
Property-tax input: State-level effective owner-occupied property-tax proxy Not a parcel or individual tax-bill estimate.

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Your Household FitNot calculated yet

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City details

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Overall cost index101100 = U.S. baseline
Goods1033% above baseline
Services1044% above baseline
Utilities937% below baseline
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Frequently asked questions about Delano

Living in Delano

What is the cost of living like in Delano, MN?+

Living costs in Delano land close to the national average, with a Cost Index of 101 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $347,500, and typical monthly rents are $909. Groceries and utilities are in line with what you would find in most US cities.

How does Delano fit a household housing budget?+

Start with housing. Typical monthly rent is $909, while local median household income is $118,091. That implies a rent-burden proxy of about 9% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.

How much are taxes in Delano, MN?+

Minnesota uses a progressive model; 9.85% is top marginal-rate context. Applying the 1.11% state-level effective owner-occupied proxy to a home worth $347,500 gives a planning estimate near $3,857 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 7.54%.

How much does it cost to rent in Delano, MN?+

The typical monthly rent in Delano is around $909. That's roughly 33% lower than the $1,348 national median. For comparison, the median home value here is $347,500, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Delano, MN?+

The typical home value in Delano is $347,500. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,686/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 77% of residents here own their homes.

Are groceries and utilities expensive in Delano?+

Grocery prices in Delano are about average compared to the rest of the US (index: 103, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 93). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Delano, MN like to live in?+

Delano is a small town with a population of about 6,712. The median age of residents is 35.8, which is close to the national median. The local poverty rate is 3.21%, well below the national average of 12.4%.