Worthington, MN

Very Low · 60

Minnesota · Population 13,792 · Updated March 2026

$892
Median Rent / Month
$61,840
Median Income
$184,200
Median Home Value
$835
Owner Costs / Month

Affordability

How far your income goes in Worthington

17.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Minnesota

State-level tax rates that affect your costs

9.85%
Income Tax (Top Rate)
6.875%
Sales Tax
1.11%
Property Tax Rate

Estimated Annual Costs

$10,704
Annual Rent
$6,091
State Income Tax
$2,045
Property Tax (est.)

Cost of Living Overview

Worthington is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 60 (where 100 equals the national median), Worthington residents can expect to pay median rent of $892/month while earning a median household income of $61,840/year.

The median home value in Worthington, MN is $184,200, with typical monthly owner costs around $835 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Minnesota's top income tax rate of 9.85% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.875% sales tax rate and 1.11% effective property tax rate, the overall tax environment is a factor in the total cost of living in Worthington.

Frequently Asked Questions

Common questions about living costs in Worthington

What is the cost of living in Worthington, MN?
The cost of living index in Worthington, MN is 60 (US average = 100). Median monthly rent is $892, median household income is $61,840/year, and the median home value is $184,200.
Is Worthington, MN affordable?
Yes, Worthington is more affordable than the national average with a cost index of 60. The rent-to-income ratio is 17.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Worthington, MN?
The median gross rent in Worthington, MN is $892 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,704.
What is the median household income in Worthington?
The median household income in Worthington, MN is $61,840 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Minnesota?
Minnesota has a top income tax rate of 9.85%, a sales tax of 6.875%, and an effective property tax rate of 1.11%.