Byron, MN Cost of Living


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Byron cost of living score
94.2
Less expensive
5.8% lower
than the US average
3.1% lower
than the Minnesota average
Byron, Minnesota gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 3.1% higher than the average for Minnesota.

Byron, MN

Housing costs in Byron?
A typical home costs $338,500, which is 0.1% more expensive than the national average of $338,100 and 9.4% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Byron costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Byron?
To live comfortably in Byron, Minnesota, a minimum annual income of $64,800 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Byron?
The cost of living in Byron, MN is fairly affordable. The median home value is around $214,000, which is significantly lower than the national average of $231,200. Rent prices are also relatively low compared to other areas in the country, with an average cost of only about $1,100 a month for a one-bedroom apartment. Additionally, food and other goods are typically reasonably priced due to the abundance of local businesses and farmers markets. All in all, people can expect to get a lot of bang for their buck when living in Byron, MN.
   Cost of living score
     CategoriesByronMinnesotaUnited States
  94.297.2100.0
  100.497.2100
  88.778.3100.0
  112.6102.9100.0
  $338,500$309,500$338,100
  103.5%95.7%100.0%
  76.296.4100.0
  135.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Byron
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Over 5 years ago

everyone is fun to be  More

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