Hayward township, MN Cost of Living


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Hayward township cost of living score
74.2
Less expensive
25.8% lower
than the US average
23.7% lower
than the Minnesota average
Hayward township, Minnesota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 23.7% higher than the average for Minnesota.

Hayward township, MN

Housing costs in Hayward township?
A typical home costs $202,900, which is 40.0% less expensive than the national average of $338,100 and 34.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hayward township costs $900 per month, which is 37.1% more than the national average of $1,430 and 37.8% more than the state average of $1,240.

Can I afford Hayward township?
To live comfortably in Hayward township, Minnesota, a minimum annual income of $38,880 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Hayward township?
The cost of living in Hayward Township, MN is relatively low compared to other parts of the country. The median home value in the town is just over $200,000, which is far below the national average, and rental prices are also quite low. Property taxes are also quite reasonable at around 2.6%. Goods and services are generally inexpensive in Hayward Township due to a lack of competition from larger retailers located nearby. In addition, there are numerous discounts available for veterans throughout the township. All these factors help make living in Hayward Township an affordable option for people on a budget or looking to save money without sacrificing their quality of life.
   Cost of living score
     CategoriesHayward townshipMinnesotaUnited States
  74.297.2100.0
  9497.2100
  88.678.3100.0
  85.2102.9100.0
  $202,900$309,500$338,100
  96.8%95.7%100.0%
  67.896.4100.0
  93.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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