Zip 56016 (Clarks Grove, MN) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Clarks Grove, Minnesota?
$2,670 / month
for a family, 50.6% less expensive than the national average A total of $32,040 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Clarks Grove cost of living score
74.2
Less expensive
25.8% lower
than the US average
23.7% lower
than the Minnesota average
Clarks Grove (zip 56016), Minnesota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 23.7% higher than the average for Minnesota.

Zip 56016 (Clarks Grove, MN)

Housing costs in Clarks Grove?
A typical home costs $166,500, which is 50.8% less expensive than the national average of $338,100 and 46.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Clarks Grove costs $850 per month, which is 31.5% cheaper than the national average of $1,240 and 2.4% cheaper than the state average of $870.

Can I afford Clarks Grove?
To live comfortably in Clarks Grove (zip 56016), Minnesota, a minimum annual income of $32,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Clarks Grove?
The cost of living in 56016 Clarks Grove, MN is relatively low compared to other areas of the country. The average home price is around $159,000, which is quite affordable for a family. Rent is also very reasonable, with an average of $1,220 per month for a two-bedroom apartment. Taxes are also relatively low compared to many other states in the US. Overall, 56016 Clarks Grove is an excellent place for anyone looking for an affordable housing option in Minnesota.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClarks GroveMinnesotaUnited States
    Unlock97.2100.0
  94.1  Unlock100.0
    Unlock78.3100.0
  57.3  Unlock100.0
    Unlock$309,500$338,100
  96.3  Unlock100.0
    Unlock96.4100.0
  94.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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