Living in Cosmos, Minnesota
Cost of living, income, home prices, rent and demographics of Cosmos · Census data 2020–2024
Cosmos has 536 residents with a median age of 47.1. The median household income is $56,635 (36% lower than the Minnesota median), the median home value is $105,500, the median rent is $685/month.
Cosmos is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cosmos at a glance
- Population
- 536
- Median age
- 47.1State: 38.8
- Median household income
- $56,635State: $89,062
- Median home value
- $105,500State: $329,300
- Median rent
- $685/moState: $1,280
- Homeowners
- 83%
- Bachelor's degree or higher
- 10%
- Average commute
- 26 min
Is Cosmos a good place to live?
Pros: Home values 68% lower than the state median; unemployment of 2.7%.
Cons: Median household income 36% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 15.3%.
The weather is best in June to September.
Cost of living in Cosmos
Housing is the biggest part of the cost of living. In Cosmos the median home value is $105,500, 68% lower than the U.S. median. Renters pay a median of $685 per month, which is 19% of household income. Homeowners with a mortgage pay $1,170 a month in housing costs.
Cosmos median household income
The median household income in Cosmos is $56,635 and the income per person is $36,398. 15.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Cosmos: homes for sale and rent
- Housing units
- 265
- Owner-occupied
- 83%
- Renter-occupied
- 17%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.02
Cosmos demographics
- Population
- 536
- Median age
- 47.1
- Under 18
- 14.4%
- 65 and older
- 13.8%
- Households
- 265
- Foreign-born
- 5.6%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Cosmos ›
Education in Cosmos
10% of adults 25 and older in Cosmos have a bachelor's degree or higher (Minnesota: 39.4%), and 1.7% have a graduate or professional degree.
Jobs and commute in Cosmos
- Unemployment rate
- 2.7%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 3%
- Drive alone
- 85.8%
- Public transit
- 0%
- Walk to work
- 4.5%
- Homes with broadband
- 87.2%
Cosmos vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cosmos | 536 | $56,635 | $105,500 | $685 |
| Lake Lillian | 157 | $60,250 | $114,200 | $700 |
| Hector | 1,130 | $63,362 | $132,000 | $1,125 |
| Buffalo Lake | 635 | $66,167 | $113,400 | $759 |
| Atwater | 1,203 | $71,042 | $159,900 | $768 |
| Grove City | 814 | $53,839 | $142,100 | $822 |
| Litchfield | 6,576 | $54,875 | $187,600 | $987 |
| Bird Island | 930 | $75,833 | $142,100 | $617 |
| Hutchinson | 14,680 | $72,836 | $229,600 | $940 |
More for people moving to Cosmos
Cosmos ZIP code ›Weather and climate ›Living in Cosmos: FAQ
What is the median household income in Cosmos, MN?
The median household income in Cosmos is $56,635, 36% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cosmos?
The median home value in Cosmos is $105,500, compared with $329,300 in Minnesota.
How much is rent in Cosmos?
The median gross rent in Cosmos is $685 per month, about 19% of household income.
Is Cosmos, MN a good place to live?
Pluses: home values 68% lower than the state median; unemployment of 2.7%. Minuses: median household income 36% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 15.3%.
What is the median age in Cosmos?
The median age in Cosmos is 47.1 years (Minnesota: 38.8).
How long is the commute in Cosmos?
The average commute to work in Cosmos is 26 minutes; 3% of workers work from home.
What is the unemployment rate in Cosmos?
The unemployment rate in Cosmos is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cosmos?
10% of adults in Cosmos have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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