Nessel, MN Cost of Living


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How much do I need to live in Nessel, Minnesota?
$6,630 / month
for a family, 22.8% more expensive than the national average A total of $79,560 for the year for a family.
$3,900 / month
for a single person, 18.2% less expensive than the national average A total of $46,800 for the year for a single person.

Nessel cost of living score
106.6
More expensive
6.6% higher
than the US average
9.7% higher
than the Minnesota average
Nessel, Minnesota gets a BestPlaces Cost of Living score of 106.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.6% higher than the U.S. average and 9.7% higher than the average for Minnesota.

Nessel, MN

Housing costs in Nessel?
A typical home costs $414,700, which is 22.7% more expensive than the national average of $338,100 and 34.0% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nessel costs $1,440 per month, which is 0.7% more than the national average of $1,430 and 13.9% more than the state average of $1,240.

Can I afford Nessel?
To live comfortably in Nessel, Minnesota, a minimum annual income of $79,560 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Nessel?
Nessel, MN is a small community located in the heart of Minnesota. The cost of living in Nessel is relatively low compared to other regions in the state, with housing particularly affordable. According to research conducted by BestPlaces, the cost of living index in Nessel is an impressive 73 out of 100, indicating excellent affordability for residents. The median home price in this city is about $128,000 and groceries are significantly cheaper than many other cities throughout Minnesota. Additionally, transportation costs are fairly low due to access to public transit options and short commute times for many local residents. All in all, Nessel provides high-quality amenities at an affordable rate for its residents, making it an attractive place to live for those who prioritize affordability over proximity to larger urban centers.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNesselMinnesotaUnited States
    Unlock97.2100.0
  97.7  Unlock100.0
    Unlock78.3100.0
  121.7  Unlock100.0
    Unlock$309,500$338,100
  101.0  Unlock100.0
    Unlock96.4100.0
  113.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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