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BCost of living
Cost of living in Wyanett Township

Measured against area pay, Wyanett Township costs less to live in than 63% of U.S. towns

Home prices around Wyanett Township have risen about 43% over the past 5 years.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Minneapolis-St. Paul-Bloomington, MN-WI metro area ($100K). How TownRatings grades cost of living

Typical home value
$398K
▲ 3.3% in a year · MN $366K
Estimate
2-bedroom rent
$1,610
a month, utilities in · HUD
Median tax bill
$2,965
MN $3,357
Area income (the grade’s yardstick)
$100K
Minneapolis-area median
Why Wyanett Township gets a B

The grade compares costs with what households across the Minneapolis metro earn ($100K, Census 2020–24). The typical home costs 3.6 years of metro income, and 16% of renters pay 30% or more of income for housing.

In dollars

  • $1,610a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
  • 105prices across the Minneapolis metro, where the U.S. is 100 (housing 112)BEA Regional Price Parities, 2024

In paychecks the grade

  • 3.6 yrsof area income buys the typical home; the typical U.S. town: 3.3$100K, Minneapolis-area income
  • 16%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 19%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out

What stands out about housing in Wyanett Township

Cost of living grade

What’s behind Wyanett Township’s grade

Measured against what households in the area earn, Wyanett Township is more affordable than 63% of U.S. towns. Home prices pull the grade down most; the share of households paying 30%+ for housing holds it up.

All U.S. towns we grade (21,243)More affordable than 63%
CostlierMore affordable
How sure. Wyanett Township’s Census figures cover about 609 households. At the ends of the Census margins (area income ±$641, owners paying 30%+ ±5.8 points), Wyanett Township could be anywhere from B− to B+.

How TownRatings grades cost of living →

Price trend

Home prices up 43% in 5 years

The federal house price index for the ZIP codes around Wyanett Township rose 43% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 3.3%. Carrying the Census median home value forward with that index puts the typical Wyanett Township home at roughly $398,000 today.

Wyanett Township areaMinnesota
−50%0%+50%+100%+150%200020052010201520202025
+3.3%
past year
+43%
past 5 years
+98%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $398K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Wyanett Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3.6 years of area income

The calculator starts from the area income the grade uses. Switch to Wyanett Township’s own median, or type yours.

Household income a year
$
Minneapolis-area median household income, as in the grade
You could afford about
$393,000
Typical Wyanett Township home $398K

That’s $5K short of a typical Wyanett Township home.

The typical home, each month
$2,360
Loan $1,970Tax $270Insurance $120

A two-bedroom rents for about $1,610 a month here, $750 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wyanett Township’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,610

Renters already here pay a median of $1,366, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,170
1 bedroom$1,330
2 bedrooms$1,610
3 bedrooms$2,140
4 bedrooms$2,410
5%
of households rent · MN 28%
25
renter households
16%
of renters spend 30%+ of income on rent · MN 48%
19%
of the median income, for a two-bedroom
$1,366
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Property taxes

Property tax runs below the Minnesota norm

The median bill is $2,965 (Minnesota: $3,357), 0.83% of a home’s value a year, against 1.02% statewide.

$2,965
median bill a year · MN $3,357
0.83%
of a home’s value a year · MN 1.02%

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Beyond rent and mortgage

The rest of a budget near Wyanett Township

Only figures published free for the whole country, each labeled with the area it covers: the Minneapolis-St. Paul-Bloomington, MN-WI metro area, or Minnesota. Groceries follow the goods price level; nobody publishes them town by town.

CostHereCompared withAreaSource
Prices overall
U.S. = 100
105MN 99metroBEA, 2024
Goods (groceries, clothing, cars…)
U.S. = 100
103MN 101metroBEA, 2024
Utilities
U.S. = 100
93MN 91metroBEA, 2024
Other services
U.S. = 100
104MN 100metroBEA, 2024

Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.

Next door

Wyanett Township vs. its neighbors

Zillow publishes no value for Wyanett Township. Springvale Township and Spencer Brook Township and Princeton Township have no Zillow value, so they are in the table only.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
Wyanett TownshipB—$359K0.83%$1,610
Dalbo Township–$377K$335K0.71%$2,070
Springvale TownshipC+—$378K0.84%$1,570
Spencer Brook TownshipB+—$338K0.93%$1,530
Princeton TownshipB−—$301K0.90%$1,520

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).

Questions about the cost of living in Wyanett Township

Is Wyanett Township expensive to live in?

Measured against what households in the area earn, Wyanett Township costs less than 63% of U.S. towns: a B for cost of living. The typical home costs 3.6 years of the median household income of the Minneapolis-St. Paul-Bloomington, MN-WI metro area ($100K).

How much is rent in Wyanett Township?

HUD puts a two-bedroom at about $1,610 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,366 (Census 2020–24).

What are property taxes in Wyanett Township?

The median bill is $2,965 a year, 0.83% of the median home value (Minnesota: $3,357, 1.02%), from the Census 2020–24.

Neighbors talk housing

What Wyanett Township buyers, sellers and renters are saying.

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.