Zip 56311 (Barrett, MN) Cost of Living


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United States / Minnesota / No Metro Area / Grant County / Barrett / Barrett (zip 56311)

Barrett cost of living score
75.8
Less expensive
24.2% lower
than the US average
22.0% lower
than the Minnesota average
Barrett (zip 56311), Minnesota gets a BestPlaces Cost of Living score of 75.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.2% lower than the U.S. average and 22.0% higher than the average for Minnesota.

Zip 56311 (Barrett, MN)

Housing costs in Barrett?
A typical home costs $224,200, which is 33.7% less expensive than the national average of $338,100 and 27.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Barrett costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 53.1% cheaper than the state average of $1,240.

Can I afford Barrett?
To live comfortably in Barrett (zip 56311), Minnesota, a minimum annual income of $42,840 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Barrett?
Living in 56311 Barrett, MN is very affordable with a median home value of just $76,700. Renters can find reasonable prices as well, with an average monthly rent of just $683. The cost of groceries and other essentials is also quite low compared to the US average, making it an ideal place for those on a budget. The cost of transportation in the area is slightly higher than the national average, but most people find they can get around town easily and without breaking the bank. Overall, the cost of living in 56311 Barrett, MN makes it a great option for anyone looking for a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesBarrettMinnesotaUnited States
  75.897.2100.0
  95.997.2100
  82.178.3100.0
  60.7102.9100.0
  $224,200$309,500$338,100
  94.4%95.7%100.0%
  75.196.4100.0
  83.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime