King, MN Cost of Living


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

King, MN

Housing costs in King?
A typical home costs $244,400, which is 27.7% less expensive than the national average of $338,100 and 21.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in King costs $830 per month, which is 42.0% more than the national average of $1,430 and 49.4% more than the state average of $1,240.

Can I afford King?
To live comfortably in King, Minnesota, a minimum annual income of $46,800 for a family, and $26,000 for a single person is recommended.

What does A.I. say about King?
The cost of living in King, MN is relatively low compared to other areas in the state. The median home value in King is around $139,000, which is lower than both the state and national averages. Grocery prices are also quite affordable, with a typical grocery bill running anywhere from 10 to 30 percent cheaper than in other parts of Minnesota. Utility costs are also quite reasonable when compared with other cities and towns in the region. All told, King is an ideal location for those looking for a low-cost place to call home.
   Cost of living score
     CategoriesKingMinnesotaUnited States
  82.897.2100.0
  94.897.2100
  80.978.3100.0
  80.2102.9100.0
  $244,400$309,500$338,100
  92.1%95.7%100.0%
  74.996.4100.0
  81.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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