Zip 55018 (Dennison, MN) Cost of Living


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United States / Minnesota / Red Wing Metro Area / Goodhue County / No City / Dennison (zip 55018)

Dennison cost of living score
90.4
Less expensive
9.6% lower
than the US average
7.0% lower
than the Minnesota average
Dennison (zip 55018), Minnesota gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 7.0% higher than the average for Minnesota.

Zip 55018 (Dennison, MN)

Housing costs in Dennison?
A typical home costs $391,700, which is 15.9% more expensive than the national average of $338,100 and 26.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Dennison costs $1,430 per month, which is 0.0% cheaper than the national average of $1,430 and 13.3% more than the state average of $1,240.

Can I afford Dennison?
To live comfortably in Dennison (zip 55018), Minnesota, a minimum annual income of $74,880 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Dennison?
The cost of living in 55018 Dennison, MN is relatively low compared to the rest of the United States. According to BestPlaces's Cost of Living Index, it has a score of 63.90, which is slightly lower than the national average. The median home price in Dennison is $179,000 which is more affordable than many other parts of the country. Groceries also tend to be less expensive than most places as well. Additionally, taxes are much lower in this area and utilities are generally cheaper too. All together, this makes Dennison an ideal place for those looking for a good balance between affordability and quality of life.
   Cost of living score
     CategoriesDennisonMinnesotaUnited States
  90.497.2100.0
  102.197.2100
  89.778.3100.0
  112.8102.9100.0
  $391,700$309,500$338,100
  98.7%95.7%100.0%
  88.196.4100.0
  99.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime