Minnesota · Census, HUD and BEA figures · Updated

Cost of Living in Koochiching County, MN

Prices around Koochiching County, MN run 1.4% below the U.S. average (BEA, Minnesota). The typical household there earns $66,940 a year, and HUD puts a two-bedroom at $973 a month. Keeping that rent under 30% of income takes about $38,920 a year.

Koochiching County, MN at a glance

Median household income

$66,940$5,578 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$973HUD FY2026 Fair Market Rent
Price level (U.S. = 100)98.6-1.4% · BEA, Minnesota
Electricity17.5¢per kWh · EIA Residential MN
Population11,833Census ACS 5-year estimate

How much rent can you afford in Koochiching County, MN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$973Monthly market rent
Share of gross income17.4%Recommended max: 30%
Annual income needed$38,920To meet the 30% standard
Max affordable rent$1,673At 30% of $66,940
0%30% (Affordability standard)100%
Compare against:

How much is rent in Koochiching County, MN? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Koochiching County, MN, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Koochiching County, MN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$671$8,052$26,84012%
1-Bedroom Apartment$742$8,904$29,68013.3%
2-Bedroom ApartmentBenchmark$973$11,676$38,92017.4%
3-Bedroom Home$1,243$14,916$49,72022.3%
4-Bedroom Home$1,415$16,980$56,60025.4%

Rent in Koochiching County, MN, with the wage each unit needs →

What a typical income covers in Koochiching County, MN

The 50/30/20 rule applied to the local median of $66,940 a year ($5,578 a month before tax).

Needs (50%)$2,789/moRent ($973 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,673/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,116/moEmergency fund, retirement, paying down loans

What $66,940 leaves after Minnesota taxes

Federal income tax, Social Security, Medicare and Minnesota tax on the local median income. Change the salary to see yours.

$66,940
$25,000$135,000
Filing status:
Gross salary breakdown$66,940
Net 79%
Fed 9%
MN 5%
FICA 8%
Annual take-home$52,894After all taxes
Monthly deposit$4,408Estimated per month
Biweekly paycheck$2,034Every 2 weeks (26/yr)
Effective tax rate21%Total tax burden
Federal income tax$5,897 / yr
Minnesota state income tax$3,029 / yr
FICA (Social Security & Medicare)$5,121 / yr

Living in Koochiching County, MN: common questions

What is the median household income in Koochiching County, MN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Koochiching County, MN is $66,940 per year (approximately $5,578 per month).

What is the average rent in Koochiching County, MN?

The closest official figure is HUD's Fair Market Rent for 2026: $671 for a studio, $742 for one bedroom, $973 for two, $1,243 for three and $1,415 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Koochiching County, MN expensive to live in?

Prices there run 1.4% below the U.S. average. BEA's regional price parity for Minnesota is 98.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Koochiching County, MN?

To keep a $973 two-bedroom under 30% of gross income, a household needs about $38,920 a year, or $3,243 a month. That is 58% of what the typical household in Koochiching County, MN earns.

How much do you need to live comfortably in Koochiching County, MN?

On the local median income of $66,940 ($5,578 a month before tax), the 50/30/20 rule leaves $2,789 a month for needs like rent, utilities and groceries, $1,673 for everything else and $1,116 for savings or debt. A two-bedroom at $973 takes 35% of the needs share.

How much is the electric bill in Koochiching County, MN?

Homes in Minnesota paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.