Zip 56520 (Breckenridge, MN) Cost of Living


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Breckenridge cost of living score
75.9
Less expensive
24.1% lower
than the US average
21.9% lower
than the Minnesota average
Breckenridge (zip 56520), Minnesota gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 21.9% higher than the average for Minnesota.

Zip 56520 (Breckenridge, MN)

Housing costs in Breckenridge?
A typical home costs $172,000, which is 49.1% less expensive than the national average of $338,100 and 44.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Breckenridge costs $840 per month, which is 32.3% cheaper than the national average of $1,240 and close to the state average of $830.

Can I afford Breckenridge?
To live comfortably in Breckenridge (zip 56520), Minnesota, a minimum annual income of $33,120 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Breckenridge?
The cost of living in Breckenridge, MN is relatively low compared to other cities. The average price for a one bedroom apartment in the city is approximately $540 per month, while a two bedroom apartment averages around $700 per month. Groceries are also relatively inexpensive; the most common grocery stores in the city are Aldi and Walmart which both offer competitive prices on food items. Similarly, basic utilities like electricity and water typically cost around $70-90 per month. In general, the cost of living in 56520 Breckenridge is quite affordable and makes it an ideal location for those who want to save money while still enjoying all the amenities of a small town.
   Cost of living score
     CategoriesBreckenridgeMinnesotaUnited States
  75.997.2100.0
  94.997.2100
  80.578.3100.0
  52.3102.9100.0
  $172,000$309,500$338,100
  88.8%95.7%100.0%
  61.296.4100.0
  78.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime