Zip 56736 (Mentor, MN) Cost of Living


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Mentor cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Mentor (zip 56736), Minnesota gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 14.8% higher than the average for Minnesota.

Zip 56736 (Mentor, MN)

Housing costs in Mentor?
A typical home costs $289,900, which is 14.3% less expensive than the national average of $338,100 and 6.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Mentor costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 55.0% cheaper than the state average of $1,240.

Can I afford Mentor?
To live comfortably in Mentor (zip 56736), Minnesota, a minimum annual income of $55,440 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Mentor?
The cost of living in 56736 Mentor, MN is relatively low compared to many other places. The median home value is just over $80,000 and the median monthly rent is around $1,100. Utilities are also quite affordable, with an average cost of only around $130 per month. In addition, the overall cost of groceries and basic necessities is much lower than nearby larger cities or towns. This makes Mentor a great place for those who want to live comfortably on a budget.
   Cost of living score
     CategoriesMentorMinnesotaUnited States
  82.897.2100.0
  10097.2100
  80.978.3100.0
  102.0102.9100.0
  $289,900$309,500$338,100
  91.1%95.7%100.0%
  91.696.4100.0
  81.4117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime