Spicer, MN Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Spicer, Minnesota?
$5,340 / month
for a family, 1.1% less expensive than the national average
$1,967 / month
for a single person, 58.7% less expensive than the national average

Spicer cost of living score
80.4
Less expensive
19.6% lower
than the US average
17.3% lower
than the Minnesota average
Spicer, Minnesota gets a BestPlaces Cost of Living score of 80.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.6% lower than the U.S. average and 17.3% higher than the average for Minnesota.

Spicer, MN

Housing costs in Spicer?
A typical home costs $334,800, which is 1.0% less expensive than the national average of $338,100 and 8.2% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Spicer costs $700 per month, which is 51.0% cheaper than the national average of $1,430 and 77.1% cheaper than the state average of $1,240.

Can I afford Spicer?
To live comfortably in Spicer, Minnesota, a minimum annual income of $64,080 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Spicer?
The cost of living in Spicer, MN is quite affordable. The median home price is around $200,000, which is significantly lower than the national average. Additionally, the median household income of $87,397 is just above the state average. Utilities are also relatively affordable compared to other parts of the country. Groceries and other items remain at comparable prices to other regions in Minnesota. Overall, living in Spicer can be a great way to save money while still enjoying all that Minnesota has to offer.
   Cost of living score
     CategoriesSpicerMinnesotaUnited States
  80.497.2100.0
  100.297.2100
  82.478.3100.0
  97.3102.9100.0
  $334,800$309,500$338,100
  98.195.7100
  67.896.4100.0
  96.4117.4100.0

   100=National Average

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


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.