DegreeCalc

College Cost Planning in Red Wing, MN 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Red Wing, Minnesota. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Red Wing as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$14,200

per year

Avg Private Tuition

$38,000

per year

Avg Rent Near Campus

$903

per month

Local Cost Market

2

benchmark points

Red Wing Overview

Population

16,600

Student Population

1,710 (10.3%)

Cost of Living Index

102.4 (avg: 100)

Walk Score

40/100

Transit Score

16/100

Unemployment Rate

2.7%

College Cost Calculator for Red Wing

Cost Inputs

Total Cost (4 Years, Public In-State)

$113,364

Total After Financial Aid

$113,364

Annual Cost

$28,341

Annual After Aid

$28,341

Cost Breakdown (4 Years)

Tuition$56,800
Room & Board$56,564

If Financed (10-Year Loan at 6.5%)

Loan Amount$113,364
Monthly Payment$1,287
Total Interest$41,103
Total Loan Cost$154,467

Education Cost Benchmarks in Red Wing

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

2

Public tuition

$14,200

Private tuition

$38,000

Community college

$5,560

Cost of Living in Red Wing vs. National Average

CategoryRed WingNational AvgDifference
Public Tuition (In-State)$14,200$10,940+$3,260
Monthly Rent Near Campus$903$1,050-$147
Cost of Living Index102.4100+2.4000000000000057

Red Wing's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Red Wing

40

Walk Score

Car-Dependent

16

Transit Score

Minimal Transit

10.3%

Student Population

1,710 students

Red Wing has a total population of 16,600, with approximately 1,710 college students (10.3% of the population). Red Wing has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Red Wing

$40,953

Starting Salary

2.7%

Unemployment Rate

73%

Graduation Rate

~19 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Red Wing earn a median starting salary of $40,953, which is $5,953 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 19 years to cover the investment. With average financial aid of $10,227 per student per year, the net cost can change materially by school and program.

Other Cities in Minnesota

Methodology & Education Data Sources for Red Wing

How we compile Red Wing college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Red Wing institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Red Wing's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Red Wing, MN?

Average annual in-state public university tuition in Red Wing is $14,200. Private university tuition averages $38,000, and community college tuition averages $5,560. When room and board ($14,141/year) is included, the total annual cost at a public university is approximately $28,341.

How many local cost benchmarks are used for Red Wing, MN?

Red Wing uses approximately 2 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 1,710, which represents 10.3% of the total population.

What is the average rent near campus in Red Wing?

The average rent near college campuses in Red Wing is approximately $903 per month. The city has a cost of living index of 102.4 (national average is 100), a walk score of 40, and a public transit score of 16. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Red Wing?

College graduates in Red Wing earn a median starting salary of $40,953. The local unemployment rate is 2.7%. With an average financial aid package of $10,227 per student and a 73% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Red Wing, MN?

With a median starting salary of $40,953 and an average 4-year public university cost of $113,364 (including room and board), the modeled salary premium can recoup the net investment in about 19 years. The 73% graduation rate underscores the importance of choosing the right program and staying on track academically.

Related Calculators

Explore 350+ Cities Across the U.S.

Compare college costs, housing, and student life in every major U.S. city.

Browse All Cities