Euclid, MN Cost of Living


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Euclid cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Euclid, 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.

Euclid, MN

Housing costs in Euclid?
A typical home costs $224,100, which is 33.7% less expensive than the national average of $338,100 and 27.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Euclid costs $820 per month, which is 42.7% more than the national average of $1,430 and 51.2% more than the state average of $1,240.

Can I afford Euclid?
To live comfortably in Euclid, Minnesota, a minimum annual income of $42,840 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Euclid?
The cost of living in Euclid, MN is reasonable and competitive. According to BestPlaces, the cost of living index for Euclid is 83.24, which is lower than the national average of 100. The median home value is $110,700, which is significantly lower than other areas in Minnesota such as Minneapolis with a median home value of $246,000. Additionally, the median household income in Euclid is $67,146 per year compared to the state average of $73,153 per year. Overall, the cost of living in Euclid makes it an affordable place to live for individuals and families looking for a great quality-of-life without breaking the bank.
   Cost of living score
     CategoriesEuclidMinnesotaUnited States
  82.897.2100.0
  98.597.2100
  80.978.3100.0
  78.0102.9100.0
  $224,100$309,500$338,100
  95.4%95.7%100.0%
  75.296.4100.0
  82.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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