Lafayette township, MN Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Lafayette township, Minnesota?
$5,460 / month
for a family, 1.1% more expensive than the national average A total of $65,520 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Lafayette township cost of living score
87.4
Less expensive
12.6% lower
than the US average
10.1% lower
than the Minnesota average
Lafayette township, Minnesota gets a BestPlaces Cost of Living score of 87.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.6% lower than the U.S. average and 10.1% higher than the average for Minnesota.

Lafayette township, MN

Housing costs in Lafayette township?
A typical home costs $342,600, which is 1.3% more expensive than the national average of $338,100 and 10.7% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lafayette township costs $980 per month, which is 31.5% more than the national average of $1,430 and 26.5% more than the state average of $1,240.

Can I afford Lafayette township?
To live comfortably in Lafayette township, Minnesota, a minimum annual income of $65,520 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Lafayette township?
The cost of living in Lafayette Township is relatively affordable. Housing costs are much lower than the national average, with median home prices at around $135,000. The cost of utilities such as electricity, water, and garbage are also quite low in comparison to other cities across the United States. Additionally, groceries and health care tend to be less expensive than many other areas. In conclusion, Lafayette Township MN offers a good quality of life at a very reasonable cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLafayette townshipMinnesotaUnited States
    Unlock97.2100.0
  96.7  Unlock100.0
    Unlock78.3100.0
  102.5  Unlock100.0
    Unlock$309,500$338,100
  100.3  Unlock100.0
    Unlock96.4100.0
  99.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Lafayette township, MN
cost of living
Compare food, housing, utilities, and more in Lafayette township, Minnesota to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.