Zip 55723 (Cook, MN) Cost of Living


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How much do I need to live in Cook, Minnesota?
$3,030 / month
for a family, 43.9% less expensive than the national average A total of $36,360 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 for the year for a single person.

Cook cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Cook (zip 55723), Minnesota gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 12.9% higher than the average for Minnesota.

Zip 55723 (Cook, MN)

Housing costs in Cook?
A typical home costs $190,200, which is 43.7% less expensive than the national average of $338,100 and 38.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Cook costs $960 per month, which is 22.6% cheaper than the national average of $1,240 and 12.5% cheaper than the state average of $1,080.

Can I afford Cook?
To live comfortably in Cook (zip 55723), Minnesota, a minimum annual income of $36,360 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Cook?
The cost of living in 55723 Cook, MN is relatively low due to its rural location. Rent for a one-bedroom apartment averages around $650 per month, and food costs are also generally lower than in larger cities. Utilities such as electricity, gas and water tend to be more affordable than in larger metropolitan areas. Taxes are also lower than the national average, making it an attractive place to live for those looking to save money. The proximity to Duluth and the availability of jobs nearby make it possible to make a comfortable living while enjoying the natural beauty of this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCookMinnesotaUnited States
    Unlock97.2100.0
  95.6  Unlock100.0
    Unlock78.3100.0
  65.7  Unlock100.0
    Unlock$309,500$338,100
  97.6  Unlock100.0
    Unlock96.4100.0
  102.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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