Minnesota Cost of Living

72 Reviews

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Minnesota cost of living score
Less expensive
2.8% lower
than the US average
0.0% lower
than the Minnesota average
Minnesota gets a BestPlaces Cost of Living score of 97.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.8% lower than the U.S. average and 0.0% lower than the average for Minnesota.


Housing costs in Minnesota?
A typical home costs $309,500, which is 8.5% less expensive than the national average of $338,100 and 0.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Minnesota costs $1,240 per month, which is 13.3% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Minnesota?
To live comfortably in Minnesota, a minimum annual income of $59,400 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Minnesota?
The cost of living in Minnesota State is generally considered to be quite affordable, with the average monthly rent for a two-bedroom apartment estimated at around $976. Food and groceries are also relatively inexpensive, with the average price per meal costing around $12. Utility bills tend to remain low year round due to the frigid temperatures throughout several months. Transportation can be expensive, however, with an adult bus fare costing $2.50 per ride within Minneapolis and St. Paul or up to $6.00 for longer distances across the state. Overall, Minnesota State remains an ideal location for individuals and families looking for an affordable place to live that offers a variety of activities and entertainment options year round.
   Cost of living score
     CategoriesMinnesota, MinnesotaUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Minnesota
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My family and I have lived in Minnesota for just shy of 10 years. We came from a southern state, so we were a little used to more of a friendly type of atmosphere. We  More

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Over 2 years ago

I've lived in this city for 4 years and the people are as bitter and cold as the winters here. Have had most only bad experiences here, probably only a couple decent  More

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Its a great place -- lots to do, diverse population. Negatives are cold winters and high  More

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