Renville, MN Cost of Living


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United States / Minnesota / No Metro Area / Renville County / Renville / Zip Codes

Renville cost of living score
73.9
Less expensive
26.1% lower
than the US average
24.0% lower
than the Minnesota average
Renville, Minnesota gets a BestPlaces Cost of Living score of 73.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.1% lower than the U.S. average and 24.0% higher than the average for Minnesota.

Renville, MN

Housing costs in Renville?
A typical home costs $169,000, which is 50.0% less expensive than the national average of $338,100 and 45.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Renville costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 49.4% cheaper than the state average of $1,240.

Can I afford Renville?
To live comfortably in Renville, Minnesota, a minimum annual income of $32,400 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Renville?
Renville, MN is a great place to live for those looking for a more affordable cost of living. The median property value in Renville is around $100,000, making it much lower than the national average. Utilities are also relatively inexpensive in Renville, with on average an electric bill of about $90 per month and an average water bill of only $50 per month. Groceries can be found at competitive prices at local grocery stores and markets. Additionally, many restaurants offer affordable meals to meet any budget. Overall, the cost of living in Renville is much lower than other parts of the country, making it a great option for those looking to save money while enjoying all that this beautiful town has to offer.
   Cost of living score
     CategoriesRenvilleMinnesotaUnited States
  73.997.2100.0
  94.397.2100
  81.778.3100.0
  43.2102.9100.0
  $169,000$309,500$338,100
  99.7%95.7%100.0%
  69.396.4100.0
  77.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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