Vergas, MN Cost of Living


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Vergas cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Vergas, 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.

Vergas, MN

Housing costs in Vergas?
A typical home costs $368,600, which is 9.0% more expensive than the national average of $338,100 and 19.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Vergas costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Vergas?
To live comfortably in Vergas, Minnesota, a minimum annual income of $70,560 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Vergas?
The cost of living in Vergas, MN is quite affordable compared to other areas in the United States. The median household income for Vergas residents is approximately $45,000 and the median home value is around $130,000. Groceries and utilities are relatively inexpensive here as well. Additionally, there are no state income taxes in Minnesota which can help to reduce the overall cost of living for those who live in or near Vergas. Overall, the cost of living in Vergas, MN is fairly low making it a great place to call home.
   Cost of living score
     CategoriesVergasMinnesotaUnited States
  87.897.2100.0
  100.897.2100
  81.078.3100.0
  105.8102.9100.0
  $368,600$309,500$338,100
  92.4%95.7%100.0%
  72.796.4100.0
  98.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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