Cost of Living in Effie, MN
Population: 80 | Minnesota
Effie is 16% less expensive than the national average.
Cost of Living in Effie, MN: What You Need to Know
With a cost of living index of 84, Effie, MN is a very affordable place to live. Living here is 16% cheaper than the national average and in line with the Minnesota state average. Effie is a small community of 80 residents.
The median household income in Effie is $63,125, which is 16% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $63,125
- vs US Median ($75,149)
- -16%
Housing
- Median Home Value
- $127,500
- Median Monthly Housing Cost
- $836/mo