Zip 56450 (Garrison, MN) Cost of Living


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How much do I need to live in Garrison, Minnesota?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$3,133 / month
for a single person, 34.3% less expensive than the national average A total of $37,600 for the year for a single person.

Garrison cost of living score
86.9
Less expensive
13.1% lower
than the US average
10.6% lower
than the Minnesota average
Garrison (zip 56450), Minnesota gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 10.6% higher than the average for Minnesota.

Zip 56450 (Garrison, MN)

Housing costs in Garrison?
A typical home costs $261,700, which is 22.6% less expensive than the national average of $338,100 and 15.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Garrison costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Garrison?
To live comfortably in Garrison (zip 56450), Minnesota, a minimum annual income of $50,040 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Garrison?
Living in 56450 Garrison, MN can be quite affordable. According to the cost of living index, the city has a score of 83.2, which is lower than the national average of 100. This means that housing costs, groceries, utilities, transportation and healthcare are all below the national average. The median home price is $159,800 and monthly rent is typically around $742. Utility costs such as electricity and water are also quite reasonable. With its low cost of living and pleasant rural environment, 56450 Garrison is an ideal place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGarrisonMinnesotaUnited States
    Unlock97.2100.0
  96.0  Unlock100.0
    Unlock78.3100.0
  66.7  Unlock100.0
    Unlock$309,500$338,100
  91.2  Unlock100.0
    Unlock96.4100.0
  90.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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