Zip 56171 (Sherburn, MN) Cost of Living


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United States / Minnesota / No Metro Area / Martin County / Sherburn / Sherburn (zip 56171)

Sherburn cost of living score
72.4
Less expensive
27.6% lower
than the US average
25.5% lower
than the Minnesota average
Sherburn (zip 56171), 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.

Zip 56171 (Sherburn, MN)

Housing costs in Sherburn?
A typical home costs $169,400, which is 49.9% less expensive than the national average of $338,100 and 45.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Sherburn costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 42.5% cheaper than the state average of $1,240.

Can I afford Sherburn?
To live comfortably in Sherburn (zip 56171), Minnesota, a minimum annual income of $32,400 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Sherburn?
The cost of living in 56171 Sherburn, MN is relatively affordable compared to other cities and towns in the area. The median home price within the city is around $115,000, which is well below the national average for such a small town. Additionally, the median household income is just over $42,000 which reflects a lower than average unemployment rate in the area. This makes it an ideal option for those who are looking to stretch their budgets while also being able to enjoy the rural beauty of Minnesota.
   Cost of living score
     CategoriesSherburnMinnesotaUnited States
  72.497.2100.0
  93.997.2100
  87.278.3100.0
  40.9102.9100.0
  $169,400$309,500$338,100
  91.5%95.7%100.0%
  66.396.4100.0
  78.4117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime