Zip 56335 (Greenwald, MN) Cost of Living


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How much do I need to live in Greenwald, Minnesota?
$2,670 / month
for a family, 50.6% less expensive than the national average A total of $32,040 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Greenwald cost of living score
89.9
Less expensive
10.1% lower
than the US average
7.5% lower
than the Minnesota average
Greenwald (zip 56335), Minnesota gets a BestPlaces Cost of Living score of 89.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.1% lower than the U.S. average and 7.5% higher than the average for Minnesota.

Zip 56335 (Greenwald, MN)

Housing costs in Greenwald?
A typical home costs $167,900, which is 50.3% less expensive than the national average of $338,100 and 45.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Greenwald costs $980 per month, which is 21.0% cheaper than the national average of $1,240 and close to the state average of $970.

Can I afford Greenwald?
To live comfortably in Greenwald (zip 56335), Minnesota, a minimum annual income of $32,040 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Greenwald?
Living in 56335 Greenwald, MN is relatively affordable. The median home cost is $193,400 which is significantly lower than the national average. The cost of living is also below the national average, making it a great place to live for those on a budget. Groceries and health care are both fairly inexpensive compared to other places as well, providing residents with even more savings. Additionally, utilities are quite affordable with electricity and natural gas costing around 10% less than most other areas of the country. All these factors make 56335 Greenwald, MN an excellent location for those seeking an affordable lifestyle while still enjoying the benefits of living in a rural area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGreenwaldMinnesotaUnited States
    Unlock97.2100.0
  94.2  Unlock100.0
    Unlock78.3100.0
  54.3  Unlock100.0
    Unlock$309,500$338,100
  100.3  Unlock100.0
    Unlock96.4100.0
  112.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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