Cost of living in Medford, MN

Medford is a Census city in Steele County, MN. ACS 2024 5-year population is 1,257. Median gross rent is $1,175 (ACS 2024 5-year, this place). Median home value is $249,600. Median household income is $108,250. Insurance is the NAIC state average; food is a USDA plan — no town indexes.