salaryRent is lower than in 68% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32 minutes each way. Most homes (81.3%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $52,720 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
Yes. Rent here is cheaper than in most of Minnesota. It is number 46 of 150 cities from cheapest to most expensive.
How much do households earn in Jordan?
Share of households by yearly income. 39.4% of households earn $100,000 or more.
Rent by apartment size in Jordan
| Size | Jordan | U.S. average |
|---|---|---|
| 1 bedroom | $1,294 | $1,324 |
| 2 bedrooms | $1,287 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Jordan overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Jordan, so the Minnesota figure is shown.
Taxes and bills in Jordan
Life in Jordan
Is it cheaper to rent or buy in Jordan?
Renting is cheaper right now: about $1,015 a month less.
Owning assumes a typical $336,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,620 for the down payment.
Frequently asked questions
What is the average rent in Jordan, MN?
Renting in Jordan costs a median of about $1,318 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Jordan?
To keep rent under 30% of income, you need about $52,720 a year, or $25 an hour at a full-time job.
Is Jordan cheap or expensive?
Jordan is rated Cheap: rent takes 13.3% of the typical household income of $118,696. It ranks 46th cheapest of 150 Minnesota cities we track.
How much are property taxes in Jordan?
The median homeowner in Jordan pays $3,470 a year in property taxes, about 1.03% of the median home value.
Is Jordan more expensive than the national average?
Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Jordan?
The median home value in Jordan is $336,200, about 2.8 times the typical yearly household income.
6,771 people live in Jordan. Numbers are typical (middle) values.