Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Montevideo, Minnesota is a smaller city with a population of 5,071 people. At 86%, the majority of the Montevideo population is White; this is followed by 3% Asian and 2% Black.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Montevideo, Minnesota could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Montevideo, AreaVibes has created a livability score using key metrics like amenities, cost of living, education, housing and more.
Montevideo, MN receives 74 out of 100 for its livability score; this results in a ranking of #151 in Minnesota and #3,643 in the USA. Based on the grades for each individual category, Montevideo has been rewarded with high marks for crime (A+), cost of living (A) and housing (A). Regrettably for Montevideo, there are some categories for which it does not rank well, this includes: amenities (F) and employment (D).
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 0 crimes per 100,000 residents, Montevideo has a violent crime rate that is far below the national average.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Montevideo has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Montevideo meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Montevideo. Everything else becomes a lot less important if it turns out that home prices in Montevideo are simply unattainable. Median real estate prices in Montevideo come in at $100,600, which is 47.5% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Montevideo, the home price to income ratio is 1.9, which is 36.7% lower than the Minnesota average.
| Statistic | Montevideo | Minnesota | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 83.0% | 78.0% | 76.4% |
| Workers who carpool | 7.4% | 8.7% | 9.3% |
| Workers who take public transit | 0.9% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 4.9% | 2.8% | 2.8% |
| Working from home | 3.8% | 5.3% | 4.6% |
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