Grand Meadow, MN Cost of Living


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Grand Meadow cost of living score
76.3
Less expensive
23.7% lower
than the US average
21.5% lower
than the Minnesota average
Grand Meadow, Minnesota gets a BestPlaces Cost of Living score of 76.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.7% lower than the U.S. average and 21.5% higher than the average for Minnesota.

Grand Meadow, MN

Housing costs in Grand Meadow?
A typical home costs $233,400, which is 31.0% less expensive than the national average of $338,100 and 24.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Grand Meadow costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 29.2% cheaper than the state average of $1,240.

Can I afford Grand Meadow?
To live comfortably in Grand Meadow, Minnesota, a minimum annual income of $44,640 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Grand Meadow?
The cost of living in Grand Meadow, MN is quite affordable. The median home price is just over $100,000, which is much lower than the national average. Renters can find affordable housing options in the area as well, with the median rent sitting at around $650. The overall cost of living in Grand Meadow is 4% lower than the US average, making it an attractive option for those looking for a place to call home without breaking the bank. In addition to being affordable, Grand Meadow has plenty of amenities to offer residents, including great schools, parks and recreation facilities, and plenty of restaurants and shopping opportunities.
   Cost of living score
     CategoriesGrand MeadowMinnesotaUnited States
  76.397.2100.0
  95.297.2100
  89.178.3100.0
  68.9102.9100.0
  $233,400$309,500$338,100
  94.4%95.7%100.0%
  78.596.4100.0
  94.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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