Holmes City, MN Cost of Living


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Holmes City cost of living score
86.7
Less expensive
13.3% lower
than the US average
10.8% lower
than the Minnesota average
Holmes City, Minnesota gets a BestPlaces Cost of Living score of 86.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.3% lower than the U.S. average and 10.8% higher than the average for Minnesota.

Holmes City, MN

Housing costs in Holmes City?
A typical home costs $363,000, which is 7.4% more expensive than the national average of $338,100 and 17.3% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Holmes City costs $920 per month, which is 35.7% more than the national average of $1,430 and 34.8% more than the state average of $1,240.

Can I afford Holmes City?
To live comfortably in Holmes City, Minnesota, a minimum annual income of $69,480 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Holmes City?
The cost of living in Holmes City, MN is fairly affordable. Housing prices are considerably lower than the U.S. average, with a median price of approximately $138,000 for a single family home. Other expenses such as food, transportation, and utilities are also below the national averages. Overall, the cost of living in Holmes City is very reasonable and can provide an attractive option for those looking to save money while still enjoying a high quality of life.
   Cost of living score
     CategoriesHolmes CityMinnesotaUnited States
  86.797.2100.0
  100.197.2100
  83.078.3100.0
  106.5102.9100.0
  $363,000$309,500$338,100
  99.6%95.7%100.0%
  76.996.4100.0
  97.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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