Stanchfield township, MN Cost of Living


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Stanchfield township cost of living score
100.8
More expensive
0.8% higher
than the US average
3.7% higher
than the Minnesota average
Stanchfield township, Minnesota gets a BestPlaces Cost of Living score of 100.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.8% higher than the U.S. average and 3.7% higher than the average for Minnesota.

Stanchfield township, MN

Housing costs in Stanchfield township?
A typical home costs $379,500, which is 12.2% more expensive than the national average of $338,100 and 22.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Stanchfield township costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 25.7% more than the state average of $1,240.

Can I afford Stanchfield township?
To live comfortably in Stanchfield township, Minnesota, a minimum annual income of $72,720 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Stanchfield township?
The cost of living in Stanchfield Township, MN is relatively affordable compared to other parts of the state. The median household income is $51,360 and the median home price is $194,400. This makes it an attractive option for families looking for more affordable living options than those found in nearby cities. Additionally, the local property taxes are low, which further helps to keep costs down. All in all, Stanchfield Township offers an excellent balance between affordability and quality of life.
   Cost of living score
     CategoriesStanchfield townshipMinnesotaUnited States
  100.897.2100.0
  98.697.2100
  78.878.3100.0
  80.6102.9100.0
  $379,500$309,500$338,100
  102.7%95.7%100.0%
  127.496.4100.0
  102.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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