Cosmos, MN
Population 529 · Minnesota
About Cosmos, MN
Cosmos is a small community located in Minnesota with a population of 529 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,833 per year, which is 32% below the national median of $75,149. The median age of 47.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cosmos features a median home value of $95,000, which is 61% below the national median of $244,900. This makes Cosmos one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $699, 40% below the national average of $1,163/month. Of the 260 total housing units, 81% are owner-occupied (207 units) and 19% are renter-occupied (47 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cosmos shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.8%, above the national average of 12.4%. Workers in Cosmos have an average one-way commute time of 26.9 minutes.
Education & Demographics
9.4% of Cosmos residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.2% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Cosmos, MN
Compared to national averages, Cosmos has a median household income of $50,833 (32% below the national median of $75,149). Home values average $95,000, which is 61% below the national median. Monthly rent at $699 is 40% below the US average of $1,163. Within Minnesota, Cosmos's income is 32% below the state average of $74,221, and home values are 54% below the state median of $204,472.
Why Live in Cosmos, MN?
Cosmos offers affordable housing with a median home value of $95,000, below the US average of $244,900, and rent that’s lower than the national average at $699/month, and a strong job market with an unemployment rate of just 2.1%.
Potential considerations include median household income ($50,833) that falls below the national average. However, Cosmos’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cosmos has a population of 529 with a median age of 47.3 years. Compare Cosmos with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Cosmos
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brownton | 530 | $77,159 | $148,500 | Compare |
| Sturgeon Lake | 526 | $77,500 | $190,600 | Compare |
| Stephen | 524 | $63,750 | $83,800 | Compare |
| Sacred Heart | 522 | $63,125 | $57,600 | Compare |
| Gem Lake | 521 | $146,250 | $536,600 | Compare |
| Medicine Lake | 541 | $161,250 | $1,014,500 | Compare |
| Ranier | 541 | $81,389 | $140,400 | Compare |
| Taconite | 541 | $100,089 | $217,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cosmos With Other Cities
Frequently Asked Questions about Cosmos
What is the population of Cosmos, MN?
The population of Cosmos, MN is 529 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Cosmos?
The median household income in Cosmos, MN is $50,833 per year, which is 32% below the national median of $75,149.
What is the median home value in Cosmos?
The median home value in Cosmos, MN is $95,000, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cosmos?
The median monthly rent in Cosmos, MN is $699, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Cosmos?
The unemployment rate in Cosmos, MN is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cosmos, MN a good place to live?
Cosmos offers a moderate cost of living, affordable housing, and a strong job market. With a population of 529 and a median age of 47.3, the city appeals to established professionals and retirees.
How educated is Cosmos, MN?
9.4% of residents in Cosmos aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cosmos?
Key cost-of-living indicators for Cosmos, MN: median home value is $95,000 (61% below national), median rent is $699/month, and median household income is $50,833. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cosmos?
The poverty rate in Cosmos, MN is 16.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cosmos, MN?
Cosmos's population is 3.2% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.0% of residents are foreign-born.