Zip 55029 (Grandy, MN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Grandy, Minnesota?
$2,160 / month
for a family, 60.0% less expensive than the national average A total of $25,920 for the year for a family.
$4,167 / month
for a single person, 12.6% less expensive than the national average A total of $50,000 for the year for a single person.

Grandy cost of living score
100.8
More expensive
0.8% higher
than the US average
3.7% higher
than the Minnesota average
Grandy (zip 55029), Minnesota gets a BestPlaces Cost of Living score of 100.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.8% higher than the U.S. average and 3.7% higher than the average for Minnesota.

Zip 55029 (Grandy, MN)

Housing costs in Grandy?
A typical home costs $134,600, which is 60.2% less expensive than the national average of $338,100 and 56.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Grandy costs $1,540 per month, which is 7.7% more than the national average of $1,430 and 19.5% more than the state average of $1,240.

Can I afford Grandy?
To live comfortably in Grandy (zip 55029), Minnesota, a minimum annual income of $25,920 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Grandy?
Living in 55029 Grandy, MN is relatively affordable when compared to many other cities in the United States. The cost of living index for 55029 Grandy is 86.9, which is 14% lower than the US average. Housing costs are especially low for the area; median home prices are only $127,500 and monthly rental costs average around $822 per month. Other expenses such as food, transportation, and healthcare are all well-priced in this area, making it a great place to live for those looking for affordability 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.
     CategoriesGrandyMinnesotaUnited States
    Unlock97.2100.0
  94.3  Unlock100.0
    Unlock78.3100.0
  69.8  Unlock100.0
    Unlock$309,500$338,100
  102.7  Unlock100.0
    Unlock96.4100.0
  102.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.