Clearwater, MN Cost of Living


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Clearwater cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
Clearwater, Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Clearwater, MN

Housing costs in Clearwater?
A typical home costs $239,500, which is 29.2% less expensive than the national average of $338,100 and 22.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Clearwater costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Clearwater?
To live comfortably in Clearwater, Minnesota, a minimum annual income of $45,720 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Clearwater?
Clearwater, MN is a great place for budget-conscious people to live. The cost of living in Clearwater is relatively low compared to many other parts of the country. The median home value is quite reasonable at $174,700, which is comparable to the rest of Minnesota and lower than the national average. In addition, groceries, health care, utilities, and transportation all come with a relatively low price tag in this area of Minnesota. Overall, Clearwater offers an affordable cost of living that makes it an attractive place for people who want to enjoy the beauty and amenities without breaking their budget.
   Cost of living score
     CategoriesClearwaterMinnesotaUnited States
  104.397.2100.0
  99.797.2100
  76.478.3100.0
  78.0102.9100.0
  $239,500$309,500$338,100
  100.2%95.7%100.0%
  115.396.4100.0
  121.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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