Zip 55027 (Goodhue, MN) Cost of Living


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How much do I need to live in Goodhue, Minnesota?
$5,490 / month
for a family, 1.7% more expensive than the national average A total of $65,880 for the year for a family.
$3,067 / month
for a single person, 35.7% less expensive than the national average A total of $36,800 for the year for a single person.

Goodhue cost of living score
90.4
Less expensive
9.6% lower
than the US average
7.0% lower
than the Minnesota average
Goodhue (zip 55027), Minnesota gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 7.0% higher than the average for Minnesota.

Zip 55027 (Goodhue, MN)

Housing costs in Goodhue?
A typical home costs $344,600, which is 1.9% more expensive than the national average of $338,100 and 11.3% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Goodhue costs $1,080 per month, which is 12.9% cheaper than the national average of $1,240 and 14.8% more than the state average of $920.

Can I afford Goodhue?
To live comfortably in Goodhue (zip 55027), Minnesota, a minimum annual income of $65,880 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Goodhue?
The cost of living in 55027 Goodhue, MN is quite reasonable. Housing costs are lower than the national average, as the median home value is just over $200,000. The cost of groceries and utilities are also lower than the national average, making it easier to get by on a budget. With no state income tax and low sales taxes, overall expenses are kept relatively low. Overall, 55027 Goodhue, MN is a great place for individuals and families looking for an affordable cost of living without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoodhueMinnesotaUnited States
    Unlock97.2100.0
  98.9  Unlock100.0
    Unlock78.3100.0
  95.2  Unlock100.0
    Unlock$309,500$338,100
  99.0  Unlock100.0
    Unlock96.4100.0
  99.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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