Woodland, MN Cost of Living


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Woodland cost of living score
107.2
More expensive
7.2% higher
than the US average
10.3% higher
than the Minnesota average
Woodland, Minnesota gets a BestPlaces Cost of Living score of 107.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.2% higher than the U.S. average and 10.3% higher than the average for Minnesota.

Woodland, MN

Housing costs in Woodland?
A typical home costs $1,464,100, which is 333.0% more expensive than the national average of $338,100 and 373.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Woodland costs $1,880 per month, which is 31.5% more than the national average of $1,430 and 34.0% more than the state average of $1,240.

Can I afford Woodland?
To live comfortably in Woodland, Minnesota, a minimum annual income of $280,440 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Woodland?
Woodland, Minnesota has a cost of living that is higher than the national average. The median home value is $164,000, which is about 14% higher than the US average. The median gross rent for Woodland is also above the national average at $1,025 per month. While home and rent prices are high compared to other cities in Minnesota and around the country, the cost of groceries and healthcare remain relatively low. Residents also benefit from no income tax in Minnesota. All these factors combine to make Woodland an attractive place for individuals and families looking for a quality place to live with reasonable costs of living.
   Cost of living score
     CategoriesWoodlandMinnesotaUnited States
  107.297.2100.0
  109.197.2100
  75.878.3100.0
  391.5102.9100.0
  $1,464,100$309,500$338,100
  98.6%95.7%100.0%
  100.596.4100.0
  144.4117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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