Zip 56223 (Clarkfield, MN) Cost of Living


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United States / Minnesota / No Metro Area / Yellow Medicine County / Clarkfield / Clarkfield (zip 56223)

Clarkfield cost of living score
69.1
Less expensive
30.9% lower
than the US average
28.9% lower
than the Minnesota average
Clarkfield (zip 56223), Minnesota gets a BestPlaces Cost of Living score of 69.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.9% lower than the U.S. average and 28.9% higher than the average for Minnesota.

Zip 56223 (Clarkfield, MN)

Housing costs in Clarkfield?
A typical home costs $115,600, which is 65.8% less expensive than the national average of $338,100 and 62.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Clarkfield 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 Clarkfield?
To live comfortably in Clarkfield (zip 56223), Minnesota, a minimum annual income of $22,320 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Clarkfield?
The cost of living in 56223 Clarkfield, MN is relatively affordable. Although it is slightly higher than the national average, groceries and housing costs are very reasonable. Overall, it is a great place to live for those looking for an affordable lifestyle. The median home value in the area is $109,800, which is almost 10% lower than the national median home value of $119,700. Additionally, the median household income in the area is significantly lower than the national median income at only $44,740 compared to $60,293 nationally. Overall, 56223 Clarkfield offers an affordable lifestyle with everything you need to make life comfortable without breaking the bank.
   Cost of living score
     CategoriesClarkfieldMinnesotaUnited States
  69.197.2100.0
  94.397.2100
  82.878.3100.0
  30.7102.9100.0
  $115,600$309,500$338,100
  96.0%95.7%100.0%
  71.196.4100.0
  77.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime