Zip 56131 (Fulda, MN) Cost of Living


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United States / Minnesota / No Metro Area / Murray County / Fulda / Fulda (zip 56131)

Fulda cost of living score
74.5
Less expensive
25.5% lower
than the US average
23.4% lower
than the Minnesota average
Fulda (zip 56131), Minnesota gets a BestPlaces Cost of Living score of 74.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.5% lower than the U.S. average and 23.4% higher than the average for Minnesota.

Zip 56131 (Fulda, MN)

Housing costs in Fulda?
A typical home costs $176,300, which is 47.9% less expensive than the national average of $338,100 and 43.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Fulda costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Fulda?
To live comfortably in Fulda (zip 56131), Minnesota, a minimum annual income of $33,840 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Fulda?
The cost of living in 56131 Fulda, MN is quite affordable. The average cost of a home in the area, as of December 2019, is $82,890 which is below the national median. Transportation costs are relatively low, with a monthly bus pass costing only $15 for adults and $7.50 for students and seniors. Groceries also tend to be moderately priced, while utilities such as electricity or heat are about average when compared to other US cities. Overall, it can be said that the cost of living in Fulda is quite reasonable when compared to similar areas around the country.
   Cost of living score
     CategoriesFuldaMinnesotaUnited States
  74.597.2100.0
  9597.2100
  82.978.3100.0
  42.0102.9100.0
  $176,300$309,500$338,100
  90.2%95.7%100.0%
  70.596.4100.0
  69.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime