Cost of Living in Pennington County, MN

What does it cost to live in Pennington County? Income, housing, and affordability breakdown.

Median Income

$71,504

Median Rent

$935/mo

Median Home

$173,800

Affordability

533

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$879
Property Tax$181
Insurance$58

Total Monthly$1,118
% of Income18.8%

Renting

Median Rent$935
Renter's Insurance$25

Total Monthly$960
% of Income15.7%

Living in Pennington County, Minnesota

Pennington County has a median household income of $71,504 with housing costs that represent 18.8% of income for owners and 15.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 533 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.