Climax, MN Cost of Living


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Climax cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Climax, Minnesota gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 14.8% higher than the average for Minnesota.

Climax, MN

Housing costs in Climax?
A typical home costs $171,500, which is 49.3% less expensive than the national average of $338,100 and 44.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Climax costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 53.1% cheaper than the state average of $1,240.

Can I afford Climax?
To live comfortably in Climax, Minnesota, a minimum annual income of $32,760 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Climax?
The cost of living in Climax, MN is slightly below the national average. Despite being a small town, there is still plenty to do and the cost of basic necessities like groceries and housing are quite reasonable. The median home value is around $134,000, which is far less than many other areas. Property taxes are also lower than average at about 1.5%, making it an attractive destination for those looking to save money without sacrificing quality of life. Additionally, local businesses offer competitive prices for goods and services, so residents can easily find bargains in their everyday lives.
   Cost of living score
     CategoriesClimaxMinnesotaUnited States
  82.897.2100.0
  95.397.2100
  80.978.3100.0
  56.1102.9100.0
  $171,500$309,500$338,100
  91.4%95.7%100.0%
  74.496.4100.0
  81.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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