Keystone, MN Cost of Living


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Keystone cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Keystone, Minnesota gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 14.8% higher than the average for Minnesota.

Keystone, MN

Housing costs in Keystone?
A typical home costs $170,300, which is 49.6% less expensive than the national average of $338,100 and 45.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Keystone costs $810 per month, which is 43.4% more than the national average of $1,430 and 53.1% more than the state average of $1,240.

Can I afford Keystone?
To live comfortably in Keystone, Minnesota, a minimum annual income of $32,760 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Keystone?
The cost of living in Keystone, MN is slightly higher than the national average. The median home cost is roughly $175,000, which is about 4% higher than the national average. The average rental rate for a two bedroom apartment ranges from $725 to $1,125 per month. Utilities are also more expensive in Keystone than they are nationally; with an average monthly electricity bill of approximately $110. Grocery prices are lower than the national average, with a basic groceries cart costing approximately $35. Sales tax is 6.875%, which is just above the national sales tax average of 6%. In short, while living in Keystone may be a bit pricier than some other places in the country, it still remains an attractive and affordable option for many people.
   Cost of living score
     CategoriesKeystoneMinnesotaUnited States
  82.897.2100.0
  9997.2100
  80.978.3100.0
  74.3102.9100.0
  $170,300$309,500$338,100
  92.1%95.7%100.0%
  74.996.4100.0
  82.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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