Nashua, MN Cost of Living


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Nashua cost of living score
75.9
Less expensive
24.1% lower
than the US average
21.9% lower
than the Minnesota average
Nashua, Minnesota gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 21.9% higher than the average for Minnesota.

Nashua, MN

Housing costs in Nashua?
A typical home costs $119,600, which is 64.6% less expensive than the national average of $338,100 and 61.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nashua costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Nashua?
To live comfortably in Nashua, Minnesota, a minimum annual income of $23,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Nashua?
Nashua, MN is a great place to live with an affordable cost of living. The median home price is $143,900, which is much lower than the national average of $219,700. Other expenses such as food and transportation are also relatively low in Nashua. The average household spends only 1.7% of its income on transportation costs compared to the state average of 4%. This makes it easy for residents to save money and have more financial security. With rent prices at $780 per month on average, Nashua is an excellent choice for those looking for a less expensive place to live.
   Cost of living score
     CategoriesNashuaMinnesotaUnited States
  75.997.2100.0
  93.397.2100
  80.578.3100.0
  5.2102.9100.0
  $119,600$309,500$338,100
  94.8%95.7%100.0%
  68.996.4100.0
  77.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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