This Is Officially The Cheapest Place To Live In Minnesota

Minnesota consistently ranks as one of the best places to live in the country, and it’s easy to see why. From top-rated schools to four vibrant seasons, the state offers a quality of life that’s hard to beat.

But living in a great place doesn’t have to come with a sky-high price tag - if you know where to look. While some towns come with steep costs, others make it easy to enjoy everything Minnesota offers without breaking the bank.

The most affordable place to live in the land of 10,000 Lakes has a median home price of only $101,000 and rent is around $627/month, both significantly lower than the national average. Just for reference, let's take a look at some of the cheapest large cities in Minnesota.

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This Is Officially The Cheapest Place To Live In Minnesota:

Other towns that were high on the list for lowest cost of living include Sleepy Eye, Chisholm, International Falls, Blue Earth, Caledonia, and St. James. But, where is the cheapest place to live in all of Minnesota?

Pipestone, a cozy town in southwestern Minnesota with a population of just over 4,100, is a hidden gem for those who appreciate small-town living.

It has an abundance of parks and outdoor spaces, and home to the Pipestone National Monument and Winnewissa Falls. And now it's known as the cheapest place to live in all of Minnesota.

Also See: These Minnesota and Iowa Towns Are Paying People to Move.

The town’s relaxed pace and friendly atmosphere make it a favorite among retirees looking for a quiet, comfortable place to call home. According to Niche, most Pipestone residents are homeowners, reflecting the town’s stability and tight-knit community feel.

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