Grey Cloud Island, MN Cost of Living


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Grey Cloud Island cost of living score
110.4
More expensive
10.4% higher
than the US average
13.6% higher
than the Minnesota average
Grey Cloud Island, Minnesota gets a BestPlaces Cost of Living score of 110.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.4% higher than the U.S. average and 13.6% higher than the average for Minnesota.

Grey Cloud Island, MN

Housing costs in Grey Cloud Island?
A typical home costs $450,900, which is 33.4% more expensive than the national average of $338,100 and 45.7% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Grey Cloud Island costs $1,440 per month, which is 0.7% more than the national average of $1,430 and 13.9% more than the state average of $1,240.

Can I afford Grey Cloud Island?
To live comfortably in Grey Cloud Island, Minnesota, a minimum annual income of $86,400 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Grey Cloud Island?
Grey Cloud Island, MN boasts a reasonable cost of living. Groceries, clothing, and housing costs are all generally lower than the national average, making it an attractive place to live for many people. The median home price in Grey Cloud Island is $210,000, which is far below the national median of $274,900. Additionally, utilities such as electricity and water are typically much cheaper than most cities across America. In terms of groceries, prices can vary depending on the store or location but overall they tend to be quite affordable compared to other places. All things considered, Gray Cloud Island offers a great quality of life at an affordable price point.
   Cost of living score
     CategoriesGrey Cloud IslandMinnesotaUnited States
  110.497.2100.0
  99.497.2100
  74.278.3100.0
  130.1102.9100.0
  $450,900$309,500$338,100
  98.8%95.7%100.0%
  108.896.4100.0
  139.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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