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Cost of Living in Pine County

Is it better to rent or buy in Pine County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$69,939
$1,039/mo

Median in area: $1,039

$238,814

Median in area: $238,814

$47,763

If you Rent

🔑
$1,307 /mo
Base Rent$1,039
Est. Utilities$268
% of Income22.4%
Pre-tax Residual$4,521

If you Buy

🏠
$1,806 /mo
P&I (7.116%)$1,286
Taxes & Ins$252
Est. Utilities$268
% of Income31.0%
Pre-tax Residual$4,022

Compare Nearby Areas

See how Pine County stacks up against neighboring areas.

countyDouglas County, WI
$968/mo
countyAitkin County, MN
$1,008/mo
countyKanabec County, MN
$1,030/mo
countyCarlton County, MN
$1,002/mo
countyBurnett County, WI
$809/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Pine County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Pine County. The estimated all-in monthly cost for renting is $1,307, while owning a median-priced home with a 20% down payment is roughly $1,806 per month (a difference of $499).

How much do utilities cost in Pine County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Pine County is approximately $268. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Pine County?›

To comfortably afford the median rent and utilities in Pine County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $52,280 per year.