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Cost of Living in Yellow Medicine County

Is it better to rent or buy in Yellow Medicine 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.

$74,696
$771/mo

Median in area: $771

$149,863

Median in area: $149,863

$29,973

If you Rent

🔑
$1,057 /mo
Base Rent$771
Est. Utilities$286
% of Income17.0%
Pre-tax Residual$5,168

If you Buy

🏠
$1,324 /mo
P&I (7.238%)$817
Taxes & Ins$221
Est. Utilities$286
% of Income21.3%
Pre-tax Residual$4,901

Compare Nearby Areas

See how Yellow Medicine County stacks up against neighboring areas.

countyLincoln County, MN
$662/mo
countyRedwood County, MN
$781/mo
countyChippewa County, MN
$879/mo
countyLyon County, MN
$804/mo
countyLac qui Parle County, MN
$726/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Yellow Medicine County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Yellow Medicine County. The estimated all-in monthly cost for renting is $1,057, while owning a median-priced home with a 20% down payment is roughly $1,324 per month (a difference of $267).

How much do utilities cost in Yellow Medicine County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Yellow Medicine County is approximately $286. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Yellow Medicine County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,280 per year.