Round Grove, MN Cost of Living


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Round Grove cost of living score
84.3
Less expensive
15.7% lower
than the US average
13.3% lower
than the Minnesota average
Round Grove, Minnesota gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 13.3% higher than the average for Minnesota.

Round Grove, MN

Housing costs in Round Grove?
A typical home costs $246,500, which is 27.1% less expensive than the national average of $338,100 and 20.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Round Grove costs $860 per month, which is 39.9% more than the national average of $1,430 and 44.2% more than the state average of $1,240.

Can I afford Round Grove?
To live comfortably in Round Grove, Minnesota, a minimum annual income of $47,160 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Round Grove?
The cost of living in Round Grove, MN is quite reasonable. Housing costs are relatively low, with the median home price being around $170,000. This makes it a great place for those looking to buy a house at an affordable rate. Additionally, there is no sales tax on groceries or clothing items in Minnesota, which helps keep the cost of grocery shopping and other necessities lower than other states. The average cost of utilities is also more affordable than many other areas across the country, making it a great option for families looking to live in the area on a budget.
   Cost of living score
     CategoriesRound GroveMinnesotaUnited States
  84.397.2100.0
  95.297.2100
  82.178.3100.0
  67.1102.9100.0
  $246,500$309,500$338,100
  98.7%95.7%100.0%
  73.196.4100.0
  102.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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