Granite Ledge, MN Cost of Living


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How much do I need to live in Granite Ledge, Minnesota?
$5,130 / month
for a family, 5.0% less expensive than the national average A total of $61,560 for the year for a family.
$2,900 / month
for a single person, 39.2% less expensive than the national average A total of $34,800 for the year for a single person.

Granite Ledge cost of living score
87.9
Less expensive
12.1% lower
than the US average
9.6% lower
than the Minnesota average
Granite Ledge, Minnesota gets a BestPlaces Cost of Living score of 87.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.1% lower than the U.S. average and 9.6% higher than the average for Minnesota.

Granite Ledge, MN

Housing costs in Granite Ledge?
A typical home costs $320,600, which is 5.2% less expensive than the national average of $338,100 and 3.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Granite Ledge costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and 11.7% cheaper than the state average of $1,240.

Can I afford Granite Ledge?
To live comfortably in Granite Ledge, Minnesota, a minimum annual income of $61,560 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Granite Ledge?
Granite Ledge, MN is a small city with a population of just over 6,000 people. The cost of living in Granite Ledge is fairly affordable compared to other cities in the area. Groceries and household items are generally cheaper than those found in larger cities due to the limited selection of stores available in the area. Rent prices are also reasonable for Granite Ledge, typically ranging from $750 - $1,500 depending on the size of the apartment or house you’re looking for. Utilities such as electricity, water, and trash removal are all relatively low-cost as well. Overall, Granite Ledge provides an affordable place to live without sacrificing too much in terms of 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.
     CategoriesGranite LedgeMinnesotaUnited States
    Unlock97.2100.0
  98.0  Unlock100.0
    Unlock78.3100.0
  87.4  Unlock100.0
    Unlock$309,500$338,100
  96.2  Unlock100.0
    Unlock96.4100.0
  110.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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