Zip 56048 (Janesville, MN) Cost of Living


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United States / Minnesota / No Metro Area / Waseca County / Janesville / Janesville (zip 56048)
How much do I need to live in Janesville, Minnesota?
$3,990 / month
for a family, 26.1% less expensive than the national average A total of $47,880 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Janesville cost of living score
80
Less expensive
20.0% lower
than the US average
17.7% lower
than the Minnesota average
Janesville (zip 56048), 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 56048 (Janesville, MN)

Housing costs in Janesville?
A typical home costs $249,400, which is 26.2% less expensive than the national average of $338,100 and 19.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Janesville costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 39.3% cheaper than the state average of $1,240.

Can I afford Janesville?
To live comfortably in Janesville (zip 56048), Minnesota, a minimum annual income of $47,880 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Janesville?
The cost of living in 56048 Janesville, MN is generally quite affordable. Housing costs are very reasonable compared to other parts of the state, with the median home value being just over $130,000. Utility costs are also relatively low and groceries tend to be cheaper than many other cities throughout Minnesota. Overall, 56048 Janesville, MN provides a great deal for those looking for an affordable place to live 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.
     CategoriesJanesvilleMinnesotaUnited States
    Unlock97.2100.0
  96.2  Unlock100.0
    Unlock78.3100.0
  75.7  Unlock100.0
    Unlock$309,500$338,100
  101.5  Unlock100.0
    Unlock96.4100.0
  82.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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