Steele County, MN Cost of Living


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United States / Minnesota / / Steele County / Cities / Zip Codes

Steele cost of living score
83.5
Less expensive
16.5% lower
than the US average
14.1% lower
than the Minnesota average
Steele Minnes County, Minnesota gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 14.1% higher than the average for Minnesota.

Steele County, MN

Housing costs in Steele?
A typical home costs $249,400, which is 26.2% less expensive than the national average of $338,100 and 19.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Steele costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 31.9% cheaper than the state average of $1,240.

Can I afford Steele?
To live comfortably in Steele Minnes County, Minnesota, a minimum annual income of $47,880 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Steele?
Steele, MN County is known to have a lower cost of living than the national average. According to recent data, the median house value in Steele is approximately $249,400, which is substantially lower than the US average of $338,100. In addition, the overall cost of living in Steele County is 83.5 as compared to 100 for the rest of the United States. This suggests that those residing in Steele County can benefit from a lower cost of living as well as more affordable housing prices when compared to other parts of the country.
   Cost of living score
     CategoriesSteeleMinnesotaUnited States
  83.597.2100.0
  9697.2100
  88.078.3100.0
  74.4102.9100.0
  $249,400$309,500$338,100
  96.9%95.7%100.0%
  68.296.4100.0
  103.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime