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Cost of Living in Swift County

Is it better to rent or buy in Swift 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.

$66,558
$907/mo

Median in area: $907

$164,510

Median in area: $164,510

$32,902

If you Rent

🔑
$1,185 /mo
Base Rent$907
Est. Utilities$278
% of Income21.4%
Pre-tax Residual$4,362

If you Buy

🏠
$1,350 /mo
P&I (7.186%)$892
Taxes & Ins$180
Est. Utilities$278
% of Income24.3%
Pre-tax Residual$4,196

Compare Nearby Areas

See how Swift County stacks up against neighboring areas.

countyBig Stone County, MN
$722/mo
countyStevens County, MN
$962/mo
countyKandiyohi County, MN
$926/mo
countyPope County, MN
$929/mo
countyChippewa County, MN
$879/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Swift County. The estimated all-in monthly cost for renting is $1,185, while owning a median-priced home with a 20% down payment is roughly $1,350 per month (a difference of $165).

How much do utilities cost in Swift County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Swift County is approximately $278. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Swift County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,400 per year.