Zip 56128 (Edgerton, MN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Minnesota / No Metro Area / Pipestone County / Edgerton / Edgerton (zip 56128)
How much do I need to live in Edgerton, Minnesota?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Edgerton cost of living score
69.9
Less expensive
30.1% lower
than the US average
28.1% lower
than the Minnesota average
Edgerton (zip 56128), Minnesota gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 28.1% higher than the average for Minnesota.

Zip 56128 (Edgerton, MN)

Housing costs in Edgerton?
A typical home costs $186,400, which is 44.9% less expensive than the national average of $338,100 and 39.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Edgerton costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 25.3% cheaper than the state average of $1,240.

Can I afford Edgerton?
To live comfortably in Edgerton (zip 56128), Minnesota, a minimum annual income of $35,640 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Edgerton?
The cost of living in 56128 Edgerton, MN is quite affordable. The median home price is $143,000, which is much lower than the average national home price. The median household income is also below the national average at just under $50,000. Additionally, there are a range of housing options available with rental prices averaging around $750 per month for a one-bedroom apartment. Grocery costs are relatively low and the overall cost of living index is 7% lower than the national average. Therefore, 56128 Edgerton, MN offers an affordable lifestyle for its residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEdgertonMinnesotaUnited States
    Unlock97.2100.0
  95.7  Unlock100.0
    Unlock78.3100.0
  42.9  Unlock100.0
    Unlock$309,500$338,100
  92.8  Unlock100.0
    Unlock96.4100.0
  81.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.