Zip 56224 (Clements, MN) Cost of Living


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United States / Minnesota / No Metro Area / Redwood County / Clements / Clements (zip 56224)
How much do I need to live in Clements, Minnesota?
$1,710 / month
for a family, 68.3% less expensive than the national average A total of $20,520 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Clements cost of living score
69.3
Less expensive
30.7% lower
than the US average
28.7% lower
than the Minnesota average
Clements (zip 56224), Minnesota gets a BestPlaces Cost of Living score of 69.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.7% lower than the U.S. average and 28.7% higher than the average for Minnesota.

Zip 56224 (Clements, MN)

Housing costs in Clements?
A typical home costs $106,200, which is 68.6% less expensive than the national average of $338,100 and 65.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Clements 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 Clements?
To live comfortably in Clements (zip 56224), Minnesota, a minimum annual income of $20,520 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Clements?
The cost of living in 56224 Clements, MN is relatively low compared to the US average. The median home price is around $156,000, which is 15% below the national average. Rent prices are also lower than the US median, with a one bedroom apartment renting for around $660 per month. Groceries and utilities tend to be slightly less expensive than the national average as well. Overall, 56224 Clements has an affordable cost of living that can be beneficial for those looking for a more budget-friendly location.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClementsMinnesotaUnited States
    Unlock97.2100.0
  93.5  Unlock100.0
    Unlock78.3100.0
  28.2  Unlock100.0
    Unlock$309,500$338,100
  99.0  Unlock100.0
    Unlock96.4100.0
  80.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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