Zip 56255 (Lucan, MN) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Redwood County / Lucan / Lucan (zip 56255)

Lucan cost of living score
69.3
Less expensive
30.7% lower
than the US average
28.7% lower
than the Minnesota average
Lucan (zip 56255), Minnesota gets a BestPlaces Cost of Living score of 69.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.7% lower than the U.S. average and 28.7% higher than the average for Minnesota.

Zip 56255 (Lucan, MN)

Housing costs in Lucan?
A typical home costs $112,300, which is 66.8% less expensive than the national average of $338,100 and 63.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lucan costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 51.2% cheaper than the state average of $1,240.

Can I afford Lucan?
To live comfortably in Lucan (zip 56255), Minnesota, a minimum annual income of $21,600 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Lucan?
The cost of living in 56255 Lucan, MN is quite reasonable. The median home value in the area is around $134,000, which is a great deal less than the U.S. median home value (about $200,000). Rent for a one-bedroom apartment averages at around $550 per month, making it an affordable option for those seeking to live in the area. In addition, groceries and other necessities are reasonably priced as well. All in all, living in Lucan is an affordable option compared to many other parts of the country.
   Cost of living score
     CategoriesLucanMinnesotaUnited States
  69.397.2100.0
  94.197.2100
  82.978.3100.0
  33.3102.9100.0
  $112,300$309,500$338,100
  95.4%95.7%100.0%
  67.496.4100.0
  80.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime