Minnesota · Census, HUD and BEA figures · Updated

Cost of Living in Mille Lacs County, MN

Prices around Mille Lacs County, MN run 4.8% above the U.S. average (BEA, the metro area). The typical household there earns $72,729 a year, and HUD puts a two-bedroom at $1,123 a month. Keeping that rent under 30% of income takes about $44,920 a year.

Mille Lacs County, MN at a glance

Median household income

$72,729$6,061 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,123HUD FY2026 Fair Market Rent
Price level (U.S. = 100)104.8+4.8% · BEA, the metro area
Electricity17.5¢per kWh · EIA Residential MN
Population27,125Census ACS 5-year estimate

How much rent can you afford in Mille Lacs 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$1,123Monthly market rent
Share of gross income18.5%Recommended max: 30%
Annual income needed$44,920To meet the 30% standard
Max affordable rent$1,818At 30% of $72,729
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Mille Lacs County, MN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$850$10,200$34,00014%
1-Bedroom Apartment$856$10,272$34,24014.1%
2-Bedroom ApartmentBenchmark$1,123$13,476$44,92018.5%
3-Bedroom Home$1,346$16,152$53,84022.2%
4-Bedroom Home$1,884$22,608$75,36031.1%

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

What a typical income covers in Mille Lacs County, MN

The 50/30/20 rule applied to the local median of $72,729 a year ($6,061 a month before tax).

Needs (50%)$3,030/moRent ($1,123 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,818/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,212/moEmergency fund, retirement, paying down loans

What $72,729 leaves after Minnesota taxes

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

$72,729
$25,000$150,000
Filing status:
Gross salary breakdown$72,729
Net 78%
Fed 10%
MN 5%
FICA 8%
Annual take-home$56,573After all taxes
Monthly deposit$4,714Estimated per month
Biweekly paycheck$2,176Every 2 weeks (26/yr)
Effective tax rate22.2%Total tax burden
Federal income tax$7,170 / yr
Minnesota state income tax$3,422 / yr
FICA (Social Security & Medicare)$5,564 / yr

Living in Mille Lacs County, MN: common questions

What is the median household income in Mille Lacs County, MN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Mille Lacs County, MN is $72,729 per year (approximately $6,061 per month).

What is the average rent in Mille Lacs County, MN?

The closest official figure is HUD's Fair Market Rent for 2026: $850 for a studio, $856 for one bedroom, $1,123 for two, $1,346 for three and $1,884 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 Mille Lacs County, MN expensive to live in?

Prices there run 4.8% above the U.S. average. BEA's regional price parity for the metro area is 104.8, 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 Mille Lacs County, MN?

To keep a $1,123 two-bedroom under 30% of gross income, a household needs about $44,920 a year, or $3,743 a month. That is 62% of what the typical household in Mille Lacs County, MN earns.

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

On the local median income of $72,729 ($6,061 a month before tax), the 50/30/20 rule leaves $3,030 a month for needs like rent, utilities and groceries, $1,818 for everything else and $1,212 for savings or debt. A two-bedroom at $1,123 takes 37% of the needs share.

How much is the electric bill in Mille Lacs 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.