Silver Creek township, MN Cost of Living


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How much do I need to live in Silver Creek township, Minnesota?
$7,500 / month
for a family, 38.9% more expensive than the national average A total of $90,000 for the year for a family.
$3,433 / month
for a single person, 28.0% less expensive than the national average A total of $41,200 for the year for a single person.

Silver Creek township cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
Silver Creek township, Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Silver Creek township, MN

Housing costs in Silver Creek township?
A typical home costs $469,000, which is 38.7% more expensive than the national average of $338,100 and 51.5% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Silver Creek township costs $1,260 per month, which is 11.9% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Silver Creek township?
To live comfortably in Silver Creek township, Minnesota, a minimum annual income of $90,000 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Silver Creek township?
Silver Creek Township (Wright County), MN offers a very affordable cost of living compared to the U.S. average. The median home value for this area is estimated to be around $150,000, which is much lower than the national average of $231,200. Renters in Silver Creek Township can find great deals on housing with a median rent price of $1,000 per month, significantly cheaper than the national average of $1,470 monthly. Additionally, groceries and transportation are also more affordable in Silver Creek Township when compared to other parts of Minnesota and the rest of the United States. Overall, Silver Creek Township offers an amazing cost of living that makes it an attractive place for those looking for an affordable lifestyle without sacrificing quality or convenience.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSilver Creek townshipMinnesotaUnited States
    Unlock97.2100.0
  99.8  Unlock100.0
    Unlock78.3100.0
  135.7  Unlock100.0
    Unlock$309,500$338,100
  97.9  Unlock100.0
    Unlock96.4100.0
  121.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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