Truman, MN Cost of Living


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United States / Minnesota / No Metro Area / Martin County / Truman / Zip Codes

Truman cost of living score
72.4
Less expensive
27.6% lower
than the US average
25.5% lower
than the Minnesota average
Truman, Minnesota gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 25.5% higher than the average for Minnesota.

Truman, MN

Housing costs in Truman?
A typical home costs $170,900, which is 49.5% less expensive than the national average of $338,100 and 44.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Truman costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 29.2% cheaper than the state average of $1,240.

Can I afford Truman?
To live comfortably in Truman, Minnesota, a minimum annual income of $32,760 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Truman?
The cost of living in Truman, MN is quite reasonable. Housing is the biggest expense for most people living here, with a median home price of just under $130,000. Other expenses like food, transportation and health care are also fairly low due to the small town setting. Taxes are relatively low compared to other areas in Minnesota as well. All of these factors make it possible to live comfortably in Truman without breaking the bank.
   Cost of living score
     CategoriesTrumanMinnesotaUnited States
  72.497.2100.0
  9497.2100
  87.278.3100.0
  40.0102.9100.0
  $170,900$309,500$338,100
  97.4%95.7%100.0%
  69.596.4100.0
  78.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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