Munson, MN Cost of Living


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How much do I need to live in Munson, Minnesota?
$7,200 / month
for a family, 33.3% more expensive than the national average A total of $86,400 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Munson cost of living score
89.9
Less expensive
10.1% lower
than the US average
7.5% lower
than the Minnesota average
Munson, Minnesota gets a BestPlaces Cost of Living score of 89.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.1% lower than the U.S. average and 7.5% higher than the average for Minnesota.

Munson, MN

Housing costs in Munson?
A typical home costs $450,500, which is 33.2% more expensive than the national average of $338,100 and 45.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Munson costs $820 per month, which is 42.7% more than the national average of $1,430 and 51.2% more than the state average of $1,240.

Can I afford Munson?
To live comfortably in Munson, Minnesota, a minimum annual income of $86,400 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Munson?
The cost of living in Munson, MN is quite affordable. The median home value is only $111,400, which is lower than the national average. Additionally, the annual median household income is just under $47,000 per year. Taxes in the area are also low; the sales tax rate is 6.875%, and while property and income taxes are slightly higher than some neighboring areas, they remain moderate overall. This makes Munson an ideal place to live for those looking for an affordable lifestyle without sacrificing opportunities or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMunsonMinnesotaUnited States
    Unlock97.2100.0
  100.2  Unlock100.0
    Unlock78.3100.0
  119.1  Unlock100.0
    Unlock$309,500$338,100
  96.0  Unlock100.0
    Unlock96.4100.0
  112.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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