Zip 56121 (Ceylon, MN) Cost of Living


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United States / Minnesota / No Metro Area / Martin County / Ceylon / Ceylon (zip 56121)
How much do I need to live in Ceylon, Minnesota?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Ceylon cost of living score
72.4
Less expensive
27.6% lower
than the US average
25.5% lower
than the Minnesota average
Ceylon (zip 56121), Minnesota gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 25.5% higher than the average for Minnesota.

Zip 56121 (Ceylon, MN)

Housing costs in Ceylon?
A typical home costs $111,900, which is 66.9% less expensive than the national average of $338,100 and 63.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Ceylon costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 67.6% cheaper than the state average of $1,240.

Can I afford Ceylon?
To live comfortably in Ceylon (zip 56121), Minnesota, a minimum annual income of $21,600 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Ceylon?
The cost of living in 56121 Ceylon, MN is relatively low compared to other areas in the United States. The median home value in Ceylon is around $131,000, which is lower than the national median home value of $217,000. In addition, the median household income in 56121 Ceylon is also lower than the U.S. median household income of $78,000 at approximately $49,000. With a lower cost of housing and living expenses combined with a lower median household income, it makes it easier for people to make ends meet and enjoy a comfortable life in this small town.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCeylonMinnesotaUnited States
    Unlock97.2100.0
  92.5  Unlock100.0
    Unlock78.3100.0
  23.1  Unlock100.0
    Unlock$309,500$338,100
  90.4  Unlock100.0
    Unlock96.4100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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