Zip 55443 (Brooklyn Park, MN) Cost of Living


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How much do I need to live in Brooklyn Park, Minnesota?
$5,670 / month
for a family, 5.0% more expensive than the national average A total of $68,040 for the year for a family.
$3,833 / month
for a single person, 19.6% less expensive than the national average A total of $46,000 for the year for a single person.

Brooklyn Park cost of living score
107.2
More expensive
7.2% higher
than the US average
10.3% higher
than the Minnesota average
Brooklyn Park (zip 55443), Minnesota gets a BestPlaces Cost of Living score of 107.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.2% higher than the U.S. average and 10.3% higher than the average for Minnesota.

Zip 55443 (Brooklyn Park, MN)

Housing costs in Brooklyn Park?
A typical home costs $354,400, which is 4.8% more expensive than the national average of $338,100 and 14.5% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Brooklyn Park costs $1,410 per month, which is 13.7% more than the national average of $1,240 and close to the state average of $1,400.

Can I afford Brooklyn Park?
To live comfortably in Brooklyn Park (zip 55443), Minnesota, a minimum annual income of $68,040 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Brooklyn Park?
The cost of living in Brooklyn Park, MN (zip code 55443) is higher than many other areas in the state. The median home price is around $245,000 and rent prices are also above the national average. Food and transportation costs tend to be lower than comparable cities, however the overall cost of living remains high due to the expenses associated with owning a home. Additionally, taxes are generally high due to property taxes and income taxes. Despite these costs, Brooklyn Park is an attractive city for many due to its close proximity to Minneapolis and its excellent schools.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBrooklyn ParkMinnesotaUnited States
    Unlock97.2100.0
  101.6  Unlock100.0
    Unlock78.3100.0
  118.4  Unlock100.0
    Unlock$309,500$338,100
  98.8  Unlock100.0
    Unlock96.4100.0
  144.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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