Zip 56243 (Grove City, MN) Cost of Living


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United States / Minnesota / No Metro Area / Meeker County / Grove City / Grove City (zip 56243)
How much do I need to live in Grove City, Minnesota?
$3,120 / month
for a family, 42.2% less expensive than the national average A total of $37,440 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Grove City cost of living score
80
Less expensive
20.0% lower
than the US average
17.7% lower
than the Minnesota average
Grove City (zip 56243), Minnesota gets a BestPlaces Cost of Living score of 80, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.0% lower than the U.S. average and 17.7% higher than the average for Minnesota.

Zip 56243 (Grove City, MN)

Housing costs in Grove City?
A typical home costs $195,000, which is 42.3% less expensive than the national average of $338,100 and 37.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Grove City costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 42.5% cheaper than the state average of $1,240.

Can I afford Grove City?
To live comfortably in Grove City (zip 56243), Minnesota, a minimum annual income of $37,440 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Grove City?
The cost of living in 56243 Grove City, MN is generally considered to be quite affordable when compared to other parts of the country. According to the most recent data from Sperling's Best Places, the overall cost of living index for this zip code is a comfortable 83.7, which is lower than both the U.S. average (100) and Minnesota state average (97). Groceries and housing are particularly inexpensive in this area, with groceries costing around 10% less than the national average and housing costs coming in at nearly 25% below the national median. Because of its low cost of living and pleasant weather, 56243 Grove City, MN makes an excellent place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrove CityMinnesotaUnited States
    Unlock97.2100.0
  94.9  Unlock100.0
    Unlock78.3100.0
  44.0  Unlock100.0
    Unlock$309,500$338,100
  98.0  Unlock100.0
    Unlock96.4100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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