Boy River, MN Cost of Living


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Boy River cost of living score
83.2
Less expensive
16.8% lower
than the US average
14.4% lower
than the Minnesota average
Boy River, Minnesota gets a BestPlaces Cost of Living score of 83.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.8% lower than the U.S. average and 14.4% higher than the average for Minnesota.

Boy River, MN

Housing costs in Boy River?
A typical home costs $154,000, which is 54.5% less expensive than the national average of $338,100 and 50.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Boy River costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 40.9% cheaper than the state average of $1,240.

Can I afford Boy River?
To live comfortably in Boy River, Minnesota, a minimum annual income of $29,520 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Boy River?
Boy River, MN is a great place to live with a relatively low cost of living. The median home price is around $77,000, which is significantly lower than the national average. The median household income in this area is around $44,000, meaning that most people can afford to purchase a home without straining their pocketbooks. The cost of living generally falls below the national average as well, making it an ideal location for those looking for an affordable place to call home. In addition to affordable housing costs, goods and services are also priced competitively, allowing residents to enjoy many amenities without breaking the bank.
   Cost of living score
     CategoriesBoy RiverMinnesotaUnited States
  83.297.2100.0
  96.497.2100
  78.978.3100.0
  18.5102.9100.0
  $154,000$309,500$338,100
  91.1%95.7%100.0%
  77.596.4100.0
  82.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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