Smoky Hollow, MN Cost of Living


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Smoky Hollow cost of living score
83.2
Less expensive
16.8% lower
than the US average
14.4% lower
than the Minnesota average
Smoky Hollow, Minnesota gets a BestPlaces Cost of Living score of 83.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.8% lower than the U.S. average and 14.4% higher than the average for Minnesota.

Smoky Hollow, MN

Housing costs in Smoky Hollow?
A typical home costs $197,400, which is 41.6% less expensive than the national average of $338,100 and 36.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Smoky Hollow costs $870 per month, which is 39.2% more than the national average of $1,430 and 42.5% more than the state average of $1,240.

Can I afford Smoky Hollow?
To live comfortably in Smoky Hollow, Minnesota, a minimum annual income of $37,800 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Smoky Hollow?
The cost of living in Smoky Hollow, MN is relatively low compared to many other cities. Housing costs are much lower than median rates for the state, and the average price of a home is under $100,000. Groceries, utilities, gas prices, and other expenses are also more affordable than in many other places. The overall cost of living score for Smoky Hollow is an impressive 83.7 out of 100, making it one of the most cost-effective communities in Minnesota.
   Cost of living score
     CategoriesSmoky HollowMinnesotaUnited States
  83.297.2100.0
  9697.2100
  78.978.3100.0
  55.9102.9100.0
  $197,400$309,500$338,100
  91.1%95.7%100.0%
  77.596.4100.0
  82.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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