Deerhorn, MN Cost of Living


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Deerhorn cost of living score
75.9
Less expensive
24.1% lower
than the US average
21.9% lower
than the Minnesota average
Deerhorn, Minnesota gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 21.9% higher than the average for Minnesota.

Deerhorn, MN

Housing costs in Deerhorn?
A typical home costs $207,200, which is 38.7% less expensive than the national average of $338,100 and 33.1% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Deerhorn costs $930 per month, which is 35.0% more than the national average of $1,430 and 33.3% more than the state average of $1,240.

Can I afford Deerhorn?
To live comfortably in Deerhorn, Minnesota, a minimum annual income of $39,600 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Deerhorn?
The cost of living in Deerhorn, MN is very reasonable. The median household income for the town is just over $51,000 and the median home value is approximately $135,400. Additionally, housing costs are very low with a median rental cost of around $735 per month. Other expenses like groceries and utilities are also quite affordable. Overall, Deerhorn offers a great quality of life at an affordable price, making it an attractive option for those looking to move to the area.
   Cost of living score
     CategoriesDeerhornMinnesotaUnited States
  75.997.2100.0
  98.297.2100
  80.578.3100.0
  74.2102.9100.0
  $207,200$309,500$338,100
  94.1%95.7%100.0%
  68.596.4100.0
  77.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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