Nesbit, MN Cost of Living


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Nesbit cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Nesbit, 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.

Nesbit, MN

Housing costs in Nesbit?
A typical home costs $384,100, which is 13.6% more expensive than the national average of $338,100 and 24.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nesbit 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 Nesbit?
To live comfortably in Nesbit, Minnesota, a minimum annual income of $73,440 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Nesbit?
The cost of living in Nesbit, MN is quite affordable compared to other areas in the United States. Housing costs are quite low, with median home prices around $142,200 and the median rent being approximately $1,015 per month. The overall cost of living index for the area is 82.3, which is 18.7% lower than the national average. Additionally, groceries and healthcare costs are both below the national average making it a great place to live for those on a budget or who want to save money on their monthly expenses.
   Cost of living score
     CategoriesNesbitMinnesotaUnited States
  82.897.2100.0
  99.397.2100
  80.978.3100.0
  129.4102.9100.0
  $384,100$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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