Princeton township, MN Cost of Living


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Princeton township cost of living score
90
Less expensive
10.0% lower
than the US average
7.4% lower
than the Minnesota average
Princeton township, Minnesota gets a BestPlaces Cost of Living score of 90, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.0% lower than the U.S. average and 7.4% higher than the average for Minnesota.

Princeton township, MN

Housing costs in Princeton township?
A typical home costs $311,800, which is 7.8% less expensive than the national average of $338,100 and 0.7% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Princeton township costs $1,200 per month, which is 16.1% cheaper than the national average of $1,430 and 3.3% cheaper than the state average of $1,240.

Can I afford Princeton township?
To live comfortably in Princeton township, Minnesota, a minimum annual income of $59,760 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Princeton township?
Princeton township is an affordable place to live, with the cost of living approximately 6% lower than the national average. The median home value in Princeton township is just over $150,000, and the median household income is around $50,000. Renters will find plenty of options available for under $1000 per month. Groceries and healthcare expenses in this community are slightly lower than average. All in all, Princeton township offers residents an excellent quality of life at a reasonable price.
   Cost of living score
     CategoriesPrinceton townshipMinnesotaUnited States
  90.097.2100.0
  99.397.2100
  79.178.3100.0
  76.2102.9100.0
  $311,800$309,500$338,100
  98.5%95.7%100.0%
  114.496.4100.0
  92.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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