Cost of living in New Germany, MN

New Germany is a Census city in Carver County, MN. ACS 2024 5-year population is 595. Median gross rent is $1,107 (ACS 2024 5-year, this place). Median home value is $258,000. Median household income is $93,864. Insurance is the NAIC state average; food is a USDA plan — no town indexes.