Zip 55033 (Hastings, MN) Cost of Living


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How much do I need to live in Hastings, Minnesota?
$5,580 / month
for a family, 3.3% more expensive than the national average A total of $66,960 for the year for a family.
$3,233 / month
for a single person, 32.2% less expensive than the national average A total of $38,800 for the year for a single person.

Hastings cost of living score
106.1
More expensive
6.1% higher
than the US average
9.2% higher
than the Minnesota average
Hastings (zip 55033), Minnesota gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 9.2% higher than the average for Minnesota.

Zip 55033 (Hastings, MN)

Housing costs in Hastings?
A typical home costs $349,800, which is 3.5% more expensive than the national average of $338,100 and 13.0% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hastings costs $1,180 per month, which is 4.8% cheaper than the national average of $1,240 and 18.6% cheaper than the state average of $1,400.

Can I afford Hastings?
To live comfortably in Hastings (zip 55033), Minnesota, a minimum annual income of $66,960 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Hastings?
The cost of living in 55033 Hastings, MN is relatively affordable. Housing costs are quite reasonable with the median home price being around $168,000. This is lower than the national average and makes it a great place to buy or rent a home. The cost of groceries and other everyday necessities are also fairly low as compared to other areas of the country. Public transportation is limited but there are plenty of options for getting around town. Overall, residents in this area enjoy a lower cost of living that allows them to enjoy life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHastingsMinnesotaUnited States
    Unlock97.2100.0
  101.1  Unlock100.0
    Unlock78.3100.0
  109.3  Unlock100.0
    Unlock$309,500$338,100
  97.8  Unlock100.0
    Unlock96.4100.0
  139.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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