Living in Minnesota might sound costly, especially with the extra budget for snow gear, but you’ll be pleased to find that your wallet won’t freeze here.
The cost of living in Minnesota is quite reasonable, especially if you venture outside the bustling Twin Cities. Housing? More affordable than a designer snow shovel. Utilities? A reasonable exchange for surviving a polar vortex.
Groceries might include more hotdish ingredients than you’re used to, but at least they won’t eat up your entire paycheck. Transportation? You might even save money if you opt for cross-country skiing to work. Just don’t forget your briefcase.
Of course, city living comes with a slightly higher price tag. But compared to other major metropolitan areas, Minnesota’s cities offer a hearty slice of life without cutting into your butter budget.
So come to Minnesota, where the living is good and the cost is even better. You might have to scrape ice off your car, but at least you won’t be scraping pennies together.
Income and Expense Table Comparison:
Category |
Average Income (Annually) |
Average Expenses (Annually) |
Income |
|
|
Median Household |
$74,593 |
|
Average Salary |
$56,227 |
|
Expenses |
|
|
Housing |
|
$20,789 |
Utilities |
|
$3,654 |
Food |
|
$7,852 |
Transportation |
|
$9,468 |
Healthcare |
|
$5,612 |
Education |
|
$2,312 |
Miscellaneous |
|
$6,013 |
Total |
|
$55,700 |
Note: The above figures are approximate and can vary based on factors such as location within the state, individual lifestyle, family size, etc.