Spring Hill township, MN Cost of Living


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Spring Hill township cost of living score
89.9
Less expensive
10.1% lower
than the US average
7.5% lower
than the Minnesota average
Spring Hill township, Minnesota gets a BestPlaces Cost of Living score of 89.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.1% lower than the U.S. average and 7.5% higher than the average for Minnesota.

Spring Hill township, MN

Housing costs in Spring Hill township?
A typical home costs $324,000, which is 4.2% less expensive than the national average of $338,100 and 4.7% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Spring Hill township costs $950 per month, which is 33.6% more than the national average of $1,430 and 30.5% more than the state average of $1,240.

Can I afford Spring Hill township?
To live comfortably in Spring Hill township, Minnesota, a minimum annual income of $61,920 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Spring Hill township?
The cost of living in Spring Hill township, MN is relatively low. The median home value in the area is around $197,900 and the median household income is $81,000. This makes housing within the area quite affordable for its residents. Additionally, due to its rural nature, transportation costs tend to be lower than those found in more urban areas as well. Groceries and other necessities are also moderately priced, allowing residents to save money on their day-to-day expenses. Although Spring Hill does not have a wide range of entertainment options, its natural beauty provides a great deal of recreational activities that are free or cost very little. All in all, living in Spring Hill Township makes it possible to enjoy a high quality of life without breaking the bank.
   Cost of living score
     CategoriesSpring Hill townshipMinnesotaUnited States
  89.997.2100.0
  96.297.2100
  75.578.3100.0
  94.0102.9100.0
  $324,000$309,500$338,100
  96.0%95.7%100.0%
  86.196.4100.0
  112.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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