Gnesen, MN Cost of Living


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Gnesen cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Gnesen, 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.

Gnesen, MN

Housing costs in Gnesen?
A typical home costs $556,100, which is 64.5% more expensive than the national average of $338,100 and 79.7% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Gnesen costs $1,450 per month, which is 1.4% more than the national average of $1,430 and 14.5% more than the state average of $1,240.

Can I afford Gnesen?
To live comfortably in Gnesen, Minnesota, a minimum annual income of $106,560 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Gnesen?
The cost of living in Gnesen, MN is fairly affordable. The median home value is $206,400, which is much lower than the national average of $231,200. The median household income is also slightly lower than the national average at $60,788. However, Gnesen still offers many job opportunities and a vibrant local economy. Groceries and healthcare costs are below the national average, making it easier for families to save money and afford the necessities of life. Property taxes are also low compared to other cities in Minnesota.
   Cost of living score
     CategoriesGnesenMinnesotaUnited States
  84.797.2100.0
  99.397.2100
  86.378.3100.0
  110.8102.9100.0
  $556,100$309,500$338,100
  92.1%95.7%100.0%
  97.096.4100.0
  102.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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