St. Martin township, MN Cost of Living


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St. Martin township cost of living score
89.9
Less expensive
10.1% lower
than the US average
7.5% lower
than the Minnesota average
St. Martin township, 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.

St. Martin township, MN

Housing costs in St. Martin township?
A typical home costs $434,500, which is 28.5% more expensive than the national average of $338,100 and 40.4% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in St. Martin township costs $920 per month, which is 35.7% more than the national average of $1,430 and 34.8% more than the state average of $1,240.

Can I afford St. Martin township?
To live comfortably in St. Martin township, Minnesota, a minimum annual income of $83,160 for a family, and $29,600 for a single person is recommended.

What does A.I. say about St. Martin township?
The cost of living in St. Martin township is relatively low compared to other areas of the state. The median home price in St. Martin is $130,000 which is significantly lower than the statewide median home price of around $220,000. Groceries and other necessities are also quite affordable making it a great place to live for those on a tight budget. Sales taxes are also low in this area with only 6.875% compared to 7.375% in the rest of Minnesota. Finally, utilities costs are quite reasonable due to good weather and conservation efforts made by the local government and businesses within the township.
   Cost of living score
     CategoriesSt. Martin townshipMinnesotaUnited States
  89.997.2100.0
  97.397.2100
  75.578.3100.0
  94.1102.9100.0
  $434,500$309,500$338,100
  96.0%95.7%100.0%
  98.096.4100.0
  112.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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