Leota township, MN Cost of Living


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Leota township cost of living score
72.4
Less expensive
27.6% lower
than the US average
25.5% lower
than the Minnesota average
Leota township, Minnesota gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 25.5% higher than the average for Minnesota.

Leota township, MN

Housing costs in Leota township?
A typical home costs $164,500, which is 51.3% less expensive than the national average of $338,100 and 46.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Leota township costs $860 per month, which is 39.9% more than the national average of $1,430 and 44.2% more than the state average of $1,240.

Can I afford Leota township?
To live comfortably in Leota township, Minnesota, a minimum annual income of $31,680 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Leota township?
The cost of living in Leota Township, MN is quite reasonable. The median home price is just under $200,000 and the median rent for a two bedroom apartment is around $750 per month. Taxes are relatively low as well, with an effective tax rate of about 4-5%. Additionally, residents can take advantage of various public services including parks, libraries, police and fire departments. Groceries and other essential items tend to be reasonably priced as well, making Leota Township a great place to live on a budget.
   Cost of living score
     CategoriesLeota townshipMinnesotaUnited States
  72.497.2100.0
  92.797.2100
  83.278.3100.0
  35.8102.9100.0
  $164,500$309,500$338,100
  93.7%95.7%100.0%
  64.396.4100.0
  75.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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