Medo, MN Cost of Living


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Medo cost of living score
86.7
Less expensive
13.3% lower
than the US average
10.8% lower
than the Minnesota average
Medo, 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.

Medo, MN

Housing costs in Medo?
A typical home costs $324,800, which is 3.9% less expensive than the national average of $338,100 and 4.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Medo costs $910 per month, which is 36.4% more than the national average of $1,430 and 36.3% more than the state average of $1,240.

Can I afford Medo?
To live comfortably in Medo, Minnesota, a minimum annual income of $62,280 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Medo?
The cost of living in Medo, MN is generally quite affordable. The median home price is $175,000, which is significantly lower than the national median of $219,400. Renters can expect to pay an average of $830/month for a two bedroom apartment. Groceries and other basic necessities are also on the more affordable side in Medo. Residents do not have to worry about having to pay sales tax or high income tax rates either as those taxes are relatively low throughout Minnesota. All of this makes Medo an attractive option for people looking for an affordable place to live.
   Cost of living score
     CategoriesMedoMinnesotaUnited States
  86.797.2100.0
  95.797.2100
  87.578.3100.0
  78.3102.9100.0
  $324,800$309,500$338,100
  99.5%95.7%100.0%
  90.396.4100.0
  100.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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