Birch Lake, MN Cost of Living


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Birch Lake cost of living score
83.2
Less expensive
16.8% lower
than the US average
14.4% lower
than the Minnesota average
Birch Lake, Minnesota gets a BestPlaces Cost of Living score of 83.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.8% lower than the U.S. average and 14.4% higher than the average for Minnesota.

Birch Lake, MN

Housing costs in Birch Lake?
A typical home costs $270,000, which is 20.1% less expensive than the national average of $338,100 and 12.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Birch Lake costs $860 per month, which is 39.9% more than the national average of $1,430 and 44.2% more than the state average of $1,240.

Can I afford Birch Lake?
To live comfortably in Birch Lake, Minnesota, a minimum annual income of $51,840 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Birch Lake?
The cost of living in Birch Lake, MN is quite affordable. According to a recent study, the average monthly rent for a one-bedroom apartment is around $800, which is lower than the national average. The cost of utilities and groceries are also lower than other parts of the country. In addition, the median home value in Birch Lake is approximately $150,000 - significantly lower than many metropolitan areas. With its low cost of living and its beautiful natural surroundings, Birch Lake can be an ideal location for those looking for an affordable place to call home.
   Cost of living score
     CategoriesBirch LakeMinnesotaUnited States
  83.297.2100.0
  99.697.2100
  78.978.3100.0
  81.1102.9100.0
  $270,000$309,500$338,100
  88.6%95.7%100.0%
  77.796.4100.0
  82.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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