Fort Ripley, MN Cost of Living


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Fort Ripley cost of living score
86.9
Less expensive
13.1% lower
than the US average
10.6% lower
than the Minnesota average
Fort Ripley, Minnesota gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 10.6% higher than the average for Minnesota.

Fort Ripley, MN

Housing costs in Fort Ripley?
A typical home costs $321,300, which is 5.0% less expensive than the national average of $338,100 and 3.8% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Fort Ripley costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 25.3% cheaper than the state average of $1,240.

Can I afford Fort Ripley?
To live comfortably in Fort Ripley, Minnesota, a minimum annual income of $61,560 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Fort Ripley?
Fort Ripley, MN offers an affordable cost of living when compared to the national or regional averages. The overall cost of living index is 81, which is 19% lower than the U.S. average. Housing costs are notably low in Fort Ripley with a median home value of $156,800 and median rent at just $785 per month. Other basic necessities such as groceries, healthcare, transportation, and utilities all remain below the national averages as well, making it an attractive option for those looking to settle down and live comfortably on a budget.
   Cost of living score
     CategoriesFort RipleyMinnesotaUnited States
  86.997.2100.0
  99.297.2100
  76.878.3100.0
  93.0102.9100.0
  $321,300$309,500$338,100
  90.4%95.7%100.0%
  72.896.4100.0
  89.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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