Cohasset, MN Cost of Living


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United States / Minnesota / No Metro Area / Itasca County / Cohasset / Zip Codes
How much do I need to live in Cohasset, Minnesota?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Cohasset cost of living score
80.6
Less expensive
19.4% lower
than the US average
17.1% lower
than the Minnesota average
Cohasset, Minnesota gets a BestPlaces Cost of Living score of 80.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.4% lower than the U.S. average and 17.1% higher than the average for Minnesota.

Cohasset, MN

Housing costs in Cohasset?
A typical home costs $261,900, which is 22.5% less expensive than the national average of $338,100 and 15.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Cohasset costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 36.3% cheaper than the state average of $1,240.

Can I afford Cohasset?
To live comfortably in Cohasset, Minnesota, a minimum annual income of $50,040 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Cohasset?
Cohasset, MN is known for its affordable cost of living. With an average housing cost of $185,500 and a median household income of $40,914, Cohasset is an attractive destination for those looking to find more bang for their buck. Other costs such as groceries and healthcare are also lower in Cohasset compared to the national averages. This makes it an ideal place to settle for those who want to save money without sacrificing amenities or quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCohassetMinnesotaUnited States
    Unlock97.2100.0
  99.0  Unlock100.0
    Unlock78.3100.0
  85.0  Unlock100.0
    Unlock$309,500$338,100
  92.6  Unlock100.0
    Unlock96.4100.0
  89.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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