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Cost & Benefits

Cost of living in Byron, Minnesota

Byron, Minnesota has about 6,646 people. Typical rent is $1,135 a month, including utilities, and a typical household earns $124,010 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.

Ranked #2 in Minnesota on the 2026 Most Affordable Towns Index.

Simple answer

Typical rent is $1,135 a month.

Byron is a city in Minnesota. That rent number includes utilities. A typical household earns $124,010 a year.

People
6,646
Census average, 2020–2024
Typical rent
$1,135
Median gross rent, includes utilities
Typical pay
$124,010
Median household income, yearly
Typical home
$345,300
Median home value
2-bedroom fair rent
$1,422
Rochester, MN HUD Metro FMR Area
Gas
$4.257
Minnesota, week of October 12, 2026

Byron, Minnesota has about 6,646 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $345,300.

HUD's fair-market rent for a 2-bedroom in Olmsted County is $1,422 a month. That is the county number, not an apartment listing in Byron. It runs from October 2026 through September 2027.

In the Rochester, MN metro area, prices sit at 90.8 when the U.S. average is 100. That is a 2024 BEA index.

Minnesota taxes wages. A typical combined sales tax is 8.1% as of January 1, 2026. That mix is statewide, not Byron's exact store tax.

In July 2026, a typical Minnesota home paid 17.45¢ per kilowatt-hour. That is a state average from EIA, not Byron's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Minnesota was $4.257 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,043.36 a year. Those miles are our standard, not a Census figure, and every town in Minnesota shares this price.

Among 338 places we list in Minnesota with a rent figure, 138 have higher typical rent than Byron.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Locator page updated 2026-09-11. Last checked 2026-10-16.

Related guides in Minnesota

Bigger places in Minnesota

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.