Swanville, MN Cost of Living


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United States / Minnesota / No Metro Area / Morrison County / Swanville / Zip Codes

Swanville cost of living score
83.8
Less expensive
16.2% lower
than the US average
13.8% lower
than the Minnesota average
Swanville, Minnesota gets a BestPlaces Cost of Living score of 83.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.2% lower than the U.S. average and 13.8% higher than the average for Minnesota.

Swanville, MN

Housing costs in Swanville?
A typical home costs $261,300, which is 22.7% less expensive than the national average of $338,100 and 15.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Swanville costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Swanville?
To live comfortably in Swanville, Minnesota, a minimum annual income of $50,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Swanville?
Swanville, MN is a great place to live with a low cost of living. The median home value in Swanville is $113,400, significantly lower than the national average of $204,900. Additionally, the median household income in Swanville is $45,118, slightly lower than the national median of $57,652. Property taxes in Swanville are also below average at around 0.75%, compared to the U.S. average of 1.07%. These factors contribute to a low cost of living in Swanville that allows residents to stretch their budgets further and enjoy an overall higher quality of life.
   Cost of living score
     CategoriesSwanvilleMinnesotaUnited States
  83.897.2100.0
  98.197.2100
  79.278.3100.0
  77.1102.9100.0
  $261,300$309,500$338,100
  91.4%95.7%100.0%
  82.096.4100.0
  78.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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