Pine Island township, MN Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Pine Island township cost of living score
90.4
Less expensive
9.6% lower
than the US average
7.0% lower
than the Minnesota average
Pine Island township, Minnesota gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 7.0% higher than the average for Minnesota.

Pine Island township, MN

Housing costs in Pine Island township?
A typical home costs $488,600, which is 44.5% more expensive than the national average of $338,100 and 57.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Pine Island township costs $940 per month, which is 34.3% more than the national average of $1,430 and 31.9% more than the state average of $1,240.

Can I afford Pine Island township?
To live comfortably in Pine Island township, Minnesota, a minimum annual income of $93,600 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Pine Island township?
The cost of living in Pine Island Township, MN is quite affordable. The median home value is around $180,000, which is significantly lower than the national average. Additionally, the median household income in the area is around $64,000 annually. Groceries and basic amenities are also relatively inexpensive when compared to other parts of Minnesota or even the rest of the country. This allows residents to put their money toward more leisure activities or other interests that make living in Pine Island Township enjoyable for everyone.
   Cost of living score
     CategoriesPine Island townshipMinnesotaUnited States
  90.497.2100.0
  99.597.2100
  89.778.3100.0
  110.2102.9100.0
  $488,600$309,500$338,100
  98.7%95.7%100.0%
  79.996.4100.0
  99.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Pine Island township, MN cost of living
Compare food, housing, utilities, and more in Pine Island township, Minnesota to any other city in the US.