Zip 56035 (Geneva, MN) Cost of Living


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Geneva cost of living score
74.2
Less expensive
25.8% lower
than the US average
23.7% lower
than the Minnesota average
Geneva (zip 56035), Minnesota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 23.7% higher than the average for Minnesota.

Zip 56035 (Geneva, MN)

Housing costs in Geneva?
A typical home costs $184,200, which is 45.5% less expensive than the national average of $338,100 and 40.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Geneva costs $880 per month, which is 29.0% cheaper than the national average of $1,240 and close to the state average of $870.

Can I afford Geneva?
To live comfortably in Geneva (zip 56035), Minnesota, a minimum annual income of $35,280 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Geneva?
The cost of living in 56035 Geneva, MN is fairly reasonable compared to other areas of the country. The median home price in Geneva is around $160,000, making it an affordable place for many families. Additionally, the median household income is just under $50,000, giving residents a comfortable means of supporting their lifestyle. Other expenses such as groceries and utilities are also reasonably priced. Overall, 56035 Geneva is an excellent place to live and work due to its low cost of living and comfortable standard of living for most people.
   Cost of living score
     CategoriesGenevaMinnesotaUnited States
  74.297.2100.0
  96.197.2100
  88.678.3100.0
  47.1102.9100.0
  $184,200$309,500$338,100
  92.8%95.7%100.0%
  67.996.4100.0
  94.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
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