Edwards, MN Cost of Living


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Edwards cost of living score
80.4
Less expensive
19.6% lower
than the US average
17.3% lower
than the Minnesota average
Edwards, Minnesota gets a BestPlaces Cost of Living score of 80.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.6% lower than the U.S. average and 17.3% higher than the average for Minnesota.

Edwards, MN

Housing costs in Edwards?
A typical home costs $268,200, which is 20.7% less expensive than the national average of $338,100 and 13.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Edwards costs $870 per month, which is 39.2% more than the national average of $1,430 and 42.5% more than the state average of $1,240.

Can I afford Edwards?
To live comfortably in Edwards, Minnesota, a minimum annual income of $51,480 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Edwards?
The cost of living in Edwards, MN is relatively low compared to the rest of the US. The average home price is around $200,000, with many homes available for much less than that. The cost of groceries and other basic necessities are also lower than the national average. Property taxes tend to be a bit higher than other nearby towns, but overall the cost of living in Edwards is quite reasonable. With its rural location and small population, residents can enjoy an affordable lifestyle while still having access to all the necessary amenities.
   Cost of living score
     CategoriesEdwardsMinnesotaUnited States
  80.497.2100.0
  94.897.2100
  82.478.3100.0
  71.2102.9100.0
  $268,200$309,500$338,100
  98.1%95.7%100.0%
  67.396.4100.0
  97.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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