Merrifield, MN Cost of Living


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Merrifield cost of living score
86.9
Less expensive
13.1% lower
than the US average
10.6% lower
than the Minnesota average
Merrifield, Minnesota gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 10.6% higher than the average for Minnesota.

Merrifield, MN

Housing costs in Merrifield?
A typical home costs $364,800, which is 7.9% more expensive than the national average of $338,100 and 17.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Merrifield costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 24.0% cheaper than the state average of $1,240.

Can I afford Merrifield?
To live comfortably in Merrifield, Minnesota, a minimum annual income of $69,840 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Merrifield?
The cost of living in Merrifield, MN is relatively low compared to other cities in the state. The overall cost of living index is 86, which is 14% lower than the national average. Housing costs are also relatively low at an average of $153,414 for a three-bedroom home. Additionally, general goods and services such as groceries, healthcare, and utilities are all below the national average. With its affordability and small-town charm combined with big city amenities, Merrifield offers a great balance for many families looking for a comfortable hometown experience.
   Cost of living score
     CategoriesMerrifieldMinnesotaUnited States
  86.997.2100.0
  99.997.2100
  76.878.3100.0
  108.0102.9100.0
  $364,800$309,500$338,100
  90.4%95.7%100.0%
  72.896.4100.0
  90.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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