Georgetown cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGeorgetownMinnesotaNational
Cost of living index80102100
IndexGeorgetownMinnesotaNational
Goods & Services index100105100
Groceries index108106100
Health care index115113100
Housing index33100100
Transportation index99103100
Utilities index8789100

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Did you know?

  • The cost of living in Georgetown is 22% lower than the Minnesota average.
  • The cost of living in Georgetown is 20% lower than the national average.
  • The cost of housing in Georgetown is 67% lower than the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

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Compare Georgetown, MN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,375$4,531$1,269$1,631
Renters$0$0$0$0

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax
Minnesota6.875%7.875%

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
Minnesota5.35%9.85%

Goods & Services

ItemGeorgetownNational avg.Difference
Haircut $18.03$16.0912.1%
Beauty Salon $34.13$37.338.6%
Toothpaste $2.36$2.453.6%
Shampoo $1.26$1.0025.6%
Movie $11.00$10.287.0%
Bowling $4.03$4.9318.3%

Groceries

ItemGeorgetownNational avg.Difference
Ground Beef $3.40$3.8010.5%
Fried Chicken $1.84$1.4032.0%
Milk $2.96$2.0147.6%
Potatoes $2.73$3.019.2%
Pizza $8.77$9.8911.3%
Beer $9.04$8.901.6%

Health Care

ItemGeorgetownNational avg.Difference
Optometrist $93.17$102.168.8%
Doctor $157.22$108.3645.1%
Dentist $95.33$92.533.0%
Ibuprofen $10.28$9.2810.8%
Lipitor $428.78$425.820.7%

Housing

ItemGeorgetownNational avg.Difference
Home Price $61,700.00$184,700.0066.6%
Avg. Mortgage Payment $1,232.19$1,202.442.5%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemGeorgetownNational avg.Difference
Gasoline $2.11$2.245.9%
Tire Balancing $50.47$46.299.0%

Utilities

ItemGeorgetownNational avg.Difference
All Electricity$142.52$165.9614.1%
Phone $25.30$28.6811.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Brooktree Park, ND891000%
Perley, MN8079-21%
Borup, MN9680-20%
Felton, MN16182-18%
Gardner, ND11483-17%
Georgetown, MN7480-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Musselshell, MT7479-21%
Alpine, AZ7475-25%
Powhatan, AR7472-28%
Harrisburg, NE7483-17%
Hartville, WY7490-10%
Georgetown, MN7480-20%
Source: The Georgetown, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.