Kragnes, MN Cost of Living


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How much do I need to live in Kragnes, Minnesota?
$4,830 / month
for a family, 10.6% less expensive than the national average A total of $57,960 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Kragnes cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.9% lower
than the Minnesota average
Kragnes, Minnesota gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.9% higher than the average for Minnesota.

Kragnes, MN

Housing costs in Kragnes?
A typical home costs $302,700, which is 10.5% less expensive than the national average of $338,100 and 2.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Kragnes costs $920 per month, which is 35.7% more than the national average of $1,430 and 34.8% more than the state average of $1,240.

Can I afford Kragnes?
To live comfortably in Kragnes, Minnesota, a minimum annual income of $57,960 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Kragnes?
The cost of living in Kragnes, MN is generally lower than the national average. The median home price in Kragnes is around $144,000, which is significantly lower than the median home price in the United States of $219,700. Additionally, groceries and healthcare costs are relatively low compared to other areas of the country. In general, housing in Kragnes tends to be more affordable than many other parts of Minnesota and the surrounding states. Although salaries tend to be slightly lower than those found elsewhere in the country, there are plenty of job opportunities available for those looking to relocate to this small town. Overall, Kragnes offers an inexpensive cost of living that makes it an appealing option for those seeking a more affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesKragnesMinnesotaUnited States
    Unlock97.2100.0
  98.7  Unlock100.0
    Unlock78.3100.0
  82.0  Unlock100.0
    Unlock$309,500$338,100
  97.2  Unlock100.0
    Unlock96.4100.0
  103.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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