Zip 56548 (Halstad, MN) Cost of Living


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United States / Minnesota / No Metro Area / Norman County / Halstad / Halstad (zip 56548)

Halstad cost of living score
70.4
Less expensive
29.6% lower
than the US average
27.6% lower
than the Minnesota average
Halstad (zip 56548), Minnesota gets a BestPlaces Cost of Living score of 70.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.6% lower than the U.S. average and 27.6% higher than the average for Minnesota.

Zip 56548 (Halstad, MN)

Housing costs in Halstad?
A typical home costs $142,600, which is 57.8% less expensive than the national average of $338,100 and 53.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Halstad costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 53.1% cheaper than the state average of $1,240.

Can I afford Halstad?
To live comfortably in Halstad (zip 56548), Minnesota, a minimum annual income of $27,360 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Halstad?
Living in 56548 Halstad, MN is relatively inexpensive. The median home value is $63,500 and the median rent is around $625. Additionally, the cost of living index is 10% lower than the national average. Utilities are also low with an average monthly cost of about $115. Groceries are fairly priced with a typical grocery bill coming in at just over $50 per week for a family of four. All in all, residents of 56548 Halstad enjoy an affordable cost of living that allows them to get more out of their income.
   Cost of living score
     CategoriesHalstadMinnesotaUnited States
  70.497.2100.0
  93.997.2100
  81.578.3100.0
  38.3102.9100.0
  $142,600$309,500$338,100
  89.8%95.7%100.0%
  72.696.4100.0
  77.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime