Zip 56132 (Garvin, MN) Cost of Living


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United States / Minnesota / Marshall Metro Area / Lyon County / No City / Garvin (zip 56132)
How much do I need to live in Garvin, Minnesota?
$4,050 / month
for a family, 25.0% less expensive than the national average A total of $48,600 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Garvin cost of living score
75.7
Less expensive
24.3% lower
than the US average
22.1% lower
than the Minnesota average
Garvin (zip 56132), Minnesota gets a BestPlaces Cost of Living score of 75.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% lower than the U.S. average and 22.1% higher than the average for Minnesota.

Zip 56132 (Garvin, MN)

Housing costs in Garvin?
A typical home costs $254,100, which is 24.8% less expensive than the national average of $338,100 and 17.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Garvin costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 57.0% cheaper than the state average of $1,240.

Can I afford Garvin?
To live comfortably in Garvin (zip 56132), Minnesota, a minimum annual income of $48,600 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Garvin?
The cost of living in 56132 Garvin, MN is relatively low compared to the national average. Housing costs are particularly affordable, with median home values sitting at around $94,000, and rental rates ranging from $595 to $1,495 per month. Groceries are also reasonably priced in the area, as are utilities like electricity. Overall, 56132 Garvin is a great place to live for people looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGarvinMinnesotaUnited States
    Unlock97.2100.0
  98.2  Unlock100.0
    Unlock78.3100.0
  75.0  Unlock100.0
    Unlock$309,500$338,100
  95.8  Unlock100.0
    Unlock96.4100.0
  82.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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