Sverdrup, MN Cost of Living


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Sverdrup cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Sverdrup, Minnesota gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 9.7% higher than the average for Minnesota.

Sverdrup, MN

Housing costs in Sverdrup?
A typical home costs $408,900, which is 20.9% more expensive than the national average of $338,100 and 32.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Sverdrup 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 Sverdrup?
To live comfortably in Sverdrup, Minnesota, a minimum annual income of $78,480 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Sverdrup?
The cost of living in Sverdrup, MN is relatively low in comparison to most cities. The median home value is estimated to be around $106,900 and the median rent estimate is around $835 per month. In addition, groceries tend to be cheaper than other areas and utility bills stay relatively low due to the mild weather in the area. This makes living in Sverdrup a good option for those looking for a place with a low cost of living without sacrificing quality or amenities.
   Cost of living score
     CategoriesSverdrupMinnesotaUnited States
  87.897.2100.0
  99.697.2100
  81.078.3100.0
  78.1102.9100.0
  $408,900$309,500$338,100
  93.6%95.7%100.0%
  77.996.4100.0
  98.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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