Zip 56527 (Deer Creek, MN) Cost of Living


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Deer Creek cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Deer Creek (zip 56527), Minnesota gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 9.7% higher than the average for Minnesota.

Zip 56527 (Deer Creek, MN)

Housing costs in Deer Creek?
A typical home costs $210,600, which is 37.7% less expensive than the national average of $338,100 and 32.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Deer Creek costs $870 per month, which is 29.8% cheaper than the national average of $1,240 and close to the state average of $860.

Can I afford Deer Creek?
To live comfortably in Deer Creek (zip 56527), Minnesota, a minimum annual income of $40,320 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Deer Creek?
With its small population of only 317 people, the cost of living in 56527 Deer Creek, MN is quite low. The median household income is $51,953 and the median home value is $118,800. This means that homes are very affordable in this town. Property taxes are also relatively low compared to other towns in Minnesota. Additionally, the overall cost of goods and services is also lower than most other towns due to its small size and rural location. With prices like these, life in Deer Creek can be quite comfortable on any budget.
   Cost of living score
     CategoriesDeer CreekMinnesotaUnited States
  87.897.2100.0
  94.597.2100
  81.078.3100.0
  60.5102.9100.0
  $210,600$309,500$338,100
  89.8%95.7%100.0%
  89.996.4100.0
  99.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime