Zip 56670 (Redby, MN) Cost of Living


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Redby cost of living score
78.7
Less expensive
21.3% lower
than the US average
19.0% lower
than the Minnesota average
Redby (zip 56670), Minnesota gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 19.0% higher than the average for Minnesota.

Zip 56670 (Redby, MN)

Housing costs in Redby?
A typical home costs $92,100, which is 72.8% less expensive than the national average of $338,100 and 70.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Redby costs $1,060 per month, which is 14.5% cheaper than the national average of $1,240 and close to the state average of $1,050.

Can I afford Redby?
To live comfortably in Redby (zip 56670), Minnesota, a minimum annual income of $17,640 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Redby?
The cost of living in 56670 Redby, MN is relatively low compared to other parts of the country. The median home price is around $127,000, and the median rent is roughly $830 per month. Taxes are also relatively low at 6.3% for property taxes and 6.85% for state income tax. Groceries are also very affordable, as the average cost of a meal out in Redby is about $17. The overall cost of living in this small town is quite reasonable for those looking to escape the hustle and bustle of life in bigger cities or towns.
   Cost of living score
     CategoriesRedbyMinnesotaUnited States
  78.797.2100.0
  91.197.2100
  76.078.3100.0
  23.7102.9100.0
  $92,100$309,500$338,100
  93.9%95.7%100.0%
  71.796.4100.0
  97.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime