Minneiska township, MN Cost of Living


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How much do I need to live in Minneiska township, Minnesota?
$3,990 / month
for a family, 26.1% less expensive than the national average A total of $47,880 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Minneiska township cost of living score
89.4
Less expensive
10.6% lower
than the US average
8.0% lower
than the Minnesota average
Minneiska township, Minnesota gets a BestPlaces Cost of Living score of 89.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% lower than the U.S. average and 8.0% higher than the average for Minnesota.

Minneiska township, MN

Housing costs in Minneiska township?
A typical home costs $249,900, which is 26.1% less expensive than the national average of $338,100 and 19.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Minneiska township 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 Minneiska township?
To live comfortably in Minneiska township, Minnesota, a minimum annual income of $47,880 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Minneiska township?
The cost of living in Minneiska Township, MN is relatively low compared to other areas in the state. The median home cost is just under $200,000 which is well below the state's average. Property taxes are also quite low at an estimated 0.86% of assessed value. Utilities costs are reasonable as well with a monthly electricity bill averaging around $100 for residential customers. Groceries and other necessities are generally cheaper than larger cities in the state with a good selection of local stores alongside bigger chain supermarkets. Overall, Minneiska Township can offer residents a cost-effective lifestyle without sacrificing quality or convenience.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMinneiska townshipMinnesotaUnited States
    Unlock97.2100.0
  97.9  Unlock100.0
    Unlock78.3100.0
  70.1  Unlock100.0
    Unlock$309,500$338,100
  99.9  Unlock100.0
    Unlock96.4100.0
  103.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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