States › Minnesota › Kasson

Is Kasson, MN expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,23130% lower than U.S. average
💵 Families earn per year (2026)$100,660about $8,388/month · 16% higher than U.S. average
🔑 House price$285,20014% lower than U.S. average

Rent is lower than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (87.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $49,240 a year. That is $24 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 35 of 150 cities from cheapest to most expensive.

Kasson
$1,231
Spring Lake Park
$1,780
St. Joseph
$1,357
Medina
$1,580
Delano
$2,046
Isanti
$1,389
Stewartville
$1,183

How much do households earn in Kasson?

Under $25k
6.9%
$25k–50k
22.2%
$50k–100k
33.2%
$100k–150k
29.7%
$150k+
5.3%

Share of households by yearly income. 35.1% of households earn $100,000 or more.

How expensive is Kasson overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kasson, so the Minnesota figure is shown.

Taxes and bills in Kasson

🏛️ Property tax$3,484a year · 1.22% of home value · U.S. $3,119
⚡ Electric bill$145a month (typical) · U.S. $156

Life in Kasson

Commute to work24.5 minU.S.: 26.4 min
College degree38.1%U.S.: 35.7%
Own their home87.5%U.S.: 65.2%
Below poverty line5.5%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Kasson?

Renting is cheaper right now: about $748 a month less.

Renting
$1,231
Owning
$1,979

Owning assumes a typical $285,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,520 for the down payment.

Frequently asked questions

What is the average rent in Kasson, MN?

Renting in Kasson costs a median of about $1,231 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Kasson?

To keep rent under 30% of income, you need about $49,240 a year, or $24 an hour at a full-time job.

Is Kasson cheap or expensive?

Kasson is rated Cheap: rent takes 14.7% of the typical household income of $100,660. It ranks 35th cheapest of 150 Minnesota cities we track.

How much are property taxes in Kasson?

The median homeowner in Kasson pays $3,484 a year in property taxes, about 1.22% of the median home value.

Is Kasson 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 Kasson?

The median home value in Kasson is $285,200, about 2.8 times the typical yearly household income.

7,050 people live in Kasson. Numbers are typical (middle) values.