Bassett, MN Cost of Living


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Bassett cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Bassett, Minnesota gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 12.9% higher than the average for Minnesota.

Bassett, MN

Housing costs in Bassett?
A typical home costs $229,000, which is 32.3% less expensive than the national average of $338,100 and 26.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Bassett costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 14.8% cheaper than the state average of $1,240.

Can I afford Bassett?
To live comfortably in Bassett, Minnesota, a minimum annual income of $43,920 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Bassett?
The cost of living in Bassett, MN is relatively low compared to many other parts of the United States. The median home price in Bassett is less than $100,000 and rent for a one-bedroom apartment averages around $600 per month. Groceries are also reasonably priced, with a meal out costing an average of about $10 per person. Utility costs are also on the lower end, with electricity and water averaging between $50-$75 each month. All in all, living in Bassett, MN provides a high quality of life at an affordable rate.
   Cost of living score
     CategoriesBassettMinnesotaUnited States
  84.797.2100.0
  93.697.2100
  86.378.3100.0
  48.1102.9100.0
  $229,000$309,500$338,100
  92.1%95.7%100.0%
  86.096.4100.0
  101.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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