Zip 56009 (Alden, MN) Cost of Living


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How much do I need to live in Alden, Minnesota?
$3,000 / month
for a family, 44.4% less expensive than the national average A total of $36,000 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Alden cost of living score
74.2
Less expensive
25.8% lower
than the US average
23.7% lower
than the Minnesota average
Alden (zip 56009), Minnesota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 23.7% higher than the average for Minnesota.

Zip 56009 (Alden, MN)

Housing costs in Alden?
A typical home costs $187,500, which is 44.5% less expensive than the national average of $338,100 and 39.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Alden costs $850 per month, which is 31.5% cheaper than the national average of $1,240 and 2.4% cheaper than the state average of $870.

Can I afford Alden?
To live comfortably in Alden (zip 56009), Minnesota, a minimum annual income of $36,000 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Alden?
The cost of living in 56009 Alden, MN is relatively low compared to other parts of the country. The median home value is $125,100 and the median rent is $626 per month. The taxes are also relatively low, with an effective property tax rate of 0.43%. The average cost of utilities is $133 per month and the average cost of groceries for a family of four is around $780 a month. Overall, the cost of living in 56009 Alden, MN can be considered quite affordable for many families looking to settle in this part of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAldenMinnesotaUnited States
    Unlock97.2100.0
  95.6  Unlock100.0
    Unlock78.3100.0
  51.0  Unlock100.0
    Unlock$309,500$338,100
  97.7  Unlock100.0
    Unlock96.4100.0
  94.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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