Living in Oslo, Minnesota
Cost of living, income, home prices, rent and demographics of Oslo · Census data 2020–2024
Oslo has 260 residents with a median age of 33.1. The median household income is $63,750 (28% lower than the Minnesota median), the median home value is $79,600, the median rent is $950/month.
Oslo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Oslo at a glance
- Population
- 260
- Median age
- 33.1State: 38.8
- Median household income
- $63,750State: $89,062
- Median home value
- $79,600State: $329,300
- Median rent
- $950/moState: $1,280
- Homeowners
- 85.3%
- Bachelor's degree or higher
- 11.2%
- Average commute
- 30 min
Is Oslo a good place to live?
Pros: Home values 76% lower than the state median; a poverty rate of 5.8%.
Cons: Median household income 28% lower than the Minnesota median; an average commute of 30 minutes; unemployment of 5.1%.
The weather is best in June to September.
Cost of living in Oslo
Housing is the biggest part of the cost of living. In Oslo the median home value is $79,600, 76% lower than the U.S. median. Renters pay a median of $950 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,319 a month in housing costs.
Oslo median household income
The median household income in Oslo is $63,750 and the income per person is $32,976. 5.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Oslo: homes for sale and rent
- Housing units
- 126
- Owner-occupied
- 85.3%
- Renter-occupied
- 14.7%
- Vacant
- 13.5%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.39
Oslo demographics
- Population
- 260
- Median age
- 33.1
- Under 18
- 31.5%
- 65 and older
- 8.8%
- Households
- 109
- Foreign-born
- 9.2%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Oslo ›
Education in Oslo
11.2% of adults 25 and older in Oslo have a bachelor's degree or higher (Minnesota: 39.4%), and 3% have a graduate or professional degree.
Jobs and commute in Oslo
- Unemployment rate
- 5.1%State: 4.1%
- Average commute
- 30 minState: 23 min
- Work from home
- 2.3%
- Drive alone
- 74.6%
- Public transit
- 0%
- Walk to work
- 12.3%
- Homes with broadband
- 92.7%
Oslo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oslo | 260 | $63,750 | $79,600 | $950 |
| Alvarado | 317 | $66,964 | $133,300 | $1,075 |
| Manvel | 368 | $91,719 | $203,700 | $1,330 |
| Minto | 718 | $84,464 | $109,300 | $597 |
| Warren | 1,680 | $59,875 | $148,400 | $717 |
| Gilby | 322 | $92,188 | $110,400 | — |
| Argyle | 486 | $105,625 | $191,800 | $431 |
| Grand Forks | 59,042 | $63,627 | $249,900 | $980 |
| East Grand Forks | 9,028 | $77,549 | $255,600 | $888 |
More for people moving to Oslo
Oslo ZIP code ›Weather and climate ›Living in Oslo: FAQ
What is the median household income in Oslo, MN?
The median household income in Oslo is $63,750, 28% 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 Oslo?
The median home value in Oslo is $79,600, compared with $329,300 in Minnesota.
How much is rent in Oslo?
The median gross rent in Oslo is $950 per month, about 25.8% of household income.
Is Oslo, MN a good place to live?
Pluses: home values 76% lower than the state median; a poverty rate of 5.8%. Minuses: median household income 28% lower than the Minnesota median; an average commute of 30 minutes; unemployment of 5.1%.
What is the median age in Oslo?
The median age in Oslo is 33.1 years (Minnesota: 38.8).
How long is the commute in Oslo?
The average commute to work in Oslo is 30 minutes; 2.3% of workers work from home.
What is the unemployment rate in Oslo?
The unemployment rate in Oslo is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oslo?
11.2% of adults in Oslo 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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