Biwabik township, MN Cost of Living


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How much do I need to live in Biwabik township, Minnesota?
$3,960 / month
for a family, 26.7% less expensive than the national average A total of $47,520 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Biwabik township cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Biwabik township, Minnesota gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 12.9% higher than the average for Minnesota.

Biwabik township, MN

Housing costs in Biwabik township?
A typical home costs $247,900, which is 26.7% less expensive than the national average of $338,100 and 19.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Biwabik township costs $850 per month, which is 40.6% more than the national average of $1,430 and 45.9% more than the state average of $1,240.

Can I afford Biwabik township?
To live comfortably in Biwabik township, Minnesota, a minimum annual income of $47,520 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Biwabik township?
The cost of living in Biwabik township, MN is relatively low compared to other parts of the state. According to recent data from Sperling’s Best Places, the cost of living index for Biwabik is 81.8, which is 19.2 points lower than the national average of 100. Housing costs are especially low with a median rent of just $624 and a median home value of only $92,700. Additionally, groceries and healthcare costs are also below average. All this makes Biwabik an affordable place to live for anyone looking for an affordable lifestyle in Minnesota.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBiwabik townshipMinnesotaUnited States
    Unlock97.2100.0
  93.6  Unlock100.0
    Unlock78.3100.0
  60.6  Unlock100.0
    Unlock$309,500$338,100
  92.1  Unlock100.0
    Unlock96.4100.0
  102.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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