Taunton, MN Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Taunton cost of living score
75.7
Less expensive
24.3% lower
than the US average
22.1% lower
than the Minnesota average
Taunton, Minnesota gets a BestPlaces Cost of Living score of 75.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% lower than the U.S. average and 22.1% higher than the average for Minnesota.

Taunton, MN

Housing costs in Taunton?
A typical home costs $79,200, which is 76.6% less expensive than the national average of $338,100 and 74.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Taunton costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 55.0% cheaper than the state average of $1,240.

Can I afford Taunton?
To live comfortably in Taunton, Minnesota, a minimum annual income of $15,120 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Taunton?
The cost of living in Taunton, MN is quite low compared to other areas in the US. The median home value here is about $105,000 which is much lower than the national average. The median gross rent for this city is around $744 per month making it a great place to live for people on a budget. Groceries and utilities are also quite low in this area, so residents can find value when shopping for these items as well. In addition, there are no state income taxes in Minnesota which can help residents save money on their annual taxes. All in all, Taunton offers an affordable lifestyle that many people from across the country can enjoy.
   Cost of living score
     CategoriesTauntonMinnesotaUnited States
  75.797.2100.0
  93.297.2100
  81.278.3100.0
  11.7102.9100.0
  $79,200$309,500$338,100
  91.9%95.7%100.0%
  63.496.4100.0
  81.8117.4100.0

   100=National Average

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