Nashua, MN Cost of Living


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How much do I need to live in Nashua, Minnesota?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Nashua cost of living score
75.9
Less expensive
24.1% lower
than the US average
21.9% lower
than the Minnesota average
Nashua, Minnesota gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 21.9% higher than the average for Minnesota.

Nashua, MN

Housing costs in Nashua?
A typical home costs $119,600, which is 64.6% less expensive than the national average of $338,100 and 61.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nashua costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Nashua?
To live comfortably in Nashua, Minnesota, a minimum annual income of $23,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Nashua?
Nashua, MN is a great place to live with an affordable cost of living. The median home price is $143,900, which is much lower than the national average of $219,700. Other expenses such as food and transportation are also relatively low in Nashua. The average household spends only 1.7% of its income on transportation costs compared to the state average of 4%. This makes it easy for residents to save money and have more financial security. With rent prices at $780 per month on average, Nashua is an excellent choice for those looking for a less expensive place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNashuaMinnesotaUnited States
    Unlock97.2100.0
  93.3  Unlock100.0
    Unlock78.3100.0
  5.2  Unlock100.0
    Unlock$309,500$338,100
  94.8  Unlock100.0
    Unlock96.4100.0
  77.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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