Northfield, MN Cost of Living


5 Reviews



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Northfield cost of living score
94
Less expensive
6.0% lower
than the US average
3.3% lower
than the Minnesota average
Northfield, Minnesota gets a BestPlaces Cost of Living score of 94, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.0% lower than the U.S. average and 3.3% higher than the average for Minnesota.

Northfield, MN

Housing costs in Northfield?
A typical home costs $324,800, which is 3.9% less expensive than the national average of $338,100 and 4.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Northfield costs $1,190 per month, which is 16.8% cheaper than the national average of $1,430 and 4.2% cheaper than the state average of $1,240.

Can I afford Northfield?
To live comfortably in Northfield, Minnesota, a minimum annual income of $62,280 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Northfield?
Northfield, MN is an affordable place to live with a cost of living that is well below the national average. Housing costs are especially low compared to the rest of the state and the US as a whole. The median home value in Northfield, MN is around $196,000 which is much lower than the median home value for Minnesota ($228,300) and the US ($218,700). Additionally, transportation costs are low due to proximity to Minneapolis. Grocery prices and other basics are also very reasonable for those living in Northfield. All in all, Northfield, MN offers a very livable cost of living for its residents.
   Cost of living score
     CategoriesNorthfieldMinnesotaUnited States
  94.097.2100.0
  101.297.2100
  86.878.3100.0
  112.4102.9100.0
  $324,800$309,500$338,100
  96.0%95.7%100.0%
  100.196.4100.0
  112.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Northfield
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The city has nothing really to offer but high taxes and bad streets and sidewalks. Winter is really bad as the city sidewalks are barely passable. You usually can not  More

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For a town of 20 thousand, the amount of cars on the road at any given time is absolutely insane. Residents will tell you it's no secret that the drivers here are  More

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I've lived in Northfield for almost 14 years now, owning my own home here the entire time. I'm originally from the Twin Cities, and moved to Northfield after several  More

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