Zip 56329 (Foley, MN) Cost of Living


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How much do I need to live in Foley, Minnesota?
$4,290 / month
for a family, 20.6% less expensive than the national average A total of $51,480 for the year for a family.
$3,367 / month
for a single person, 29.4% less expensive than the national average A total of $40,400 for the year for a single person.

Foley cost of living score
87.9
Less expensive
12.1% lower
than the US average
9.6% lower
than the Minnesota average
Foley (zip 56329), Minnesota gets a BestPlaces Cost of Living score of 87.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.1% lower than the U.S. average and 9.6% higher than the average for Minnesota.

Zip 56329 (Foley, MN)

Housing costs in Foley?
A typical home costs $268,400, which is 20.6% less expensive than the national average of $338,100 and 13.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Foley costs $1,250 per month, which is 0.8% more than the national average of $1,240 and 22.4% more than the state average of $970.

Can I afford Foley?
To live comfortably in Foley (zip 56329), Minnesota, a minimum annual income of $51,480 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Foley?
Foley, MN, 56329 is a great place to live with its low cost of living. The overall cost of living index is 84.7 which is 15.3 points lower than the national average. Housing costs are very reasonable in Foley with the median home value being $144,900 and the median rent price being $848 per month. Transportation costs are also quite low, with an average commute time of only 19 minutes and gas prices that are usually below the national average. Overall, living in 56329 Foley, MN is an incredibly affordable option for those looking to settle down in a safe and welcoming small town atmosphere.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFoleyMinnesotaUnited States
    Unlock97.2100.0
  97.4  Unlock100.0
    Unlock78.3100.0
  81.3  Unlock100.0
    Unlock$309,500$338,100
  94.6  Unlock100.0
    Unlock96.4100.0
  110.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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