Zip 56120 (Butterfield, MN) Cost of Living


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United States / Minnesota / No Metro Area / Watonwan County / Butterfield / Butterfield (zip 56120)
How much do I need to live in Butterfield, Minnesota?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Butterfield cost of living score
70.9
Less expensive
29.1% lower
than the US average
27.1% lower
than the Minnesota average
Butterfield (zip 56120), Minnesota gets a BestPlaces Cost of Living score of 70.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% lower than the U.S. average and 27.1% higher than the average for Minnesota.

Zip 56120 (Butterfield, MN)

Housing costs in Butterfield?
A typical home costs $179,000, which is 47.1% less expensive than the national average of $338,100 and 42.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Butterfield 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 Butterfield?
To live comfortably in Butterfield (zip 56120), Minnesota, a minimum annual income of $34,200 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Butterfield?
The cost of living in 56120 Butterfield, MN is quite reasonable and affordable. The median home price is around $146,800, which is much lower than the national average. Renters can expect to pay around $715 a month for a two-bedroom apartment. Prices for basic necessities like groceries and utilities are also quite affordable. Overall, 56120 Butterfield, MN is an attractive city for those seeking an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesButterfieldMinnesotaUnited States
    Unlock97.2100.0
  95.4  Unlock100.0
    Unlock78.3100.0
  38.8  Unlock100.0
    Unlock$309,500$338,100
  93.6  Unlock100.0
    Unlock96.4100.0
  75.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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