Holyoke, MN Cost of Living


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How much do I need to live in Holyoke, Minnesota?
$3,570 / month
for a family, 33.9% less expensive than the national average A total of $42,840 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Holyoke cost of living score
85
Less expensive
15.0% lower
than the US average
12.6% lower
than the Minnesota average
Holyoke, Minnesota gets a BestPlaces Cost of Living score of 85, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% lower than the U.S. average and 12.6% higher than the average for Minnesota.

Holyoke, MN

Housing costs in Holyoke?
A typical home costs $223,800, which is 33.8% less expensive than the national average of $338,100 and 27.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Holyoke costs $1,120 per month, which is 21.7% cheaper than the national average of $1,430 and 10.7% cheaper than the state average of $1,240.

Can I afford Holyoke?
To live comfortably in Holyoke, Minnesota, a minimum annual income of $42,840 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Holyoke?
The cost of living in Holyoke, MN is quite affordable. According to BestPlaces, the cost of living index for the city is only 62.6, which is significantly lower than the US average of 100. This means that basic goods and services are relatively inexpensive compared to other cities in the country. Rent in Holyoke is very reasonable, with an average one-bedroom apartment costing around $561 per month. Food costs are also low; groceries and restaurants are generally inexpensive. Transportation costs are also quite affordable, with gasoline prices being about 15% lower than the national average. Those looking for a low-cost place to live should definitely consider Holyoke as an option.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHolyokeMinnesotaUnited States
    Unlock97.2100.0
  97.1  Unlock100.0
    Unlock78.3100.0
  60.4  Unlock100.0
    Unlock$309,500$338,100
  94.2  Unlock100.0
    Unlock96.4100.0
  102.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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