Timothy, MN Cost of Living


0 Reviews



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

Timothy cost of living score
86.9
Less expensive
13.1% lower
than the US average
10.6% lower
than the Minnesota average
Timothy, Minnesota gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 10.6% higher than the average for Minnesota.

Timothy, MN

Housing costs in Timothy?
A typical home costs $268,600, which is 20.6% less expensive than the national average of $338,100 and 13.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Timothy costs $890 per month, which is 37.8% more than the national average of $1,430 and 39.3% more than the state average of $1,240.

Can I afford Timothy?
To live comfortably in Timothy, Minnesota, a minimum annual income of $51,480 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Timothy?
The cost of living in Timothy, MN is relatively low compared to other parts of the country. The median home price in the city is around $136,000, which is well below the national average. In addition, goods and services are generally much cheaper than in larger cities, meaning that you can get more for your money in Timothy. The area’s proximity to Minneapolis-St. Paul also means that residents have access to a variety of shopping options and entertainment venues at an affordable price. All in all, Timothy offers a great quality of life at an incredibly reasonable cost.
   Cost of living score
     CategoriesTimothyMinnesotaUnited States
  86.997.2100.0
  9697.2100
  76.878.3100.0
  77.0102.9100.0
  $268,600$309,500$338,100
  90.4%95.7%100.0%
  72.896.4100.0
  89.9117.4100.0

   100=National Average

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