Chisholm, MN Cost of Living


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Chisholm cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Chisholm, 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.

Chisholm, MN

Housing costs in Chisholm?
A typical home costs $97,100, which is 71.3% less expensive than the national average of $338,100 and 68.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Chisholm costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 49.4% cheaper than the state average of $1,240.

Can I afford Chisholm?
To live comfortably in Chisholm, Minnesota, a minimum annual income of $18,720 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Chisholm?
The cost of living in Chisholm, MN is relatively low when compared to many other areas in the United States. The median home price in the area is around $90,000, which is significantly lower than the national average. Additionally, utilities and groceries tend to be more affordable than they would be in other parts of the country. Although there are higher-end options available for those who look for them, overall living costs are quite low. This makes it an ideal place for those on a budget or looking to stretch their dollars further.
   Cost of living score
     CategoriesChisholmMinnesotaUnited States
  84.797.2100.0
  90.897.2100
  86.378.3100.0
  23.0102.9100.0
  $97,100$309,500$338,100
  98.3%95.7%100.0%
  85.896.4100.0
  102.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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