Nicollet township, MN Cost of Living


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Nicollet township cost of living score
87.4
Less expensive
12.6% lower
than the US average
10.1% lower
than the Minnesota average
Nicollet 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.

Nicollet township, MN

Housing costs in Nicollet township?
A typical home costs $443,300, which is 31.1% more expensive than the national average of $338,100 and 43.2% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nicollet 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 Nicollet township?
To live comfortably in Nicollet township, Minnesota, a minimum annual income of $84,960 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Nicollet township?
Nicollet township, MN offers an affordable cost of living for its residents. According to BestPlaces, the cost of living index is around 75, which is much lower than the US average of 100. Housing costs in Nicollet are quite reasonable, with an average monthly rent for a one-bedroom apartment at around $500 per month. Grocery prices are also below the national average, as are transportation costs, making it easier for households to make ends meet without stretching their budgets too thin. In addition, Nicollet has a low unemployment rate and plenty of job opportunities available. All these factors combine to make Nicollet a great place to live with an affordable cost of living.
   Cost of living score
     CategoriesNicollet townshipMinnesotaUnited States
  87.497.2100.0
  98.897.2100
  85.878.3100.0
  101.7102.9100.0
  $443,300$309,500$338,100
  100.3%95.7%100.0%
  72.296.4100.0
  99.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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