Zip 56147 (Kenneth, MN) Cost of Living


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United States / Minnesota / No Metro Area / Rock County / Kenneth / Kenneth (zip 56147)
How much do I need to live in Kenneth, Minnesota?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 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.

Kenneth cost of living score
75.4
Less expensive
24.6% lower
than the US average
22.4% lower
than the Minnesota average
Kenneth (zip 56147), Minnesota gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 22.4% higher than the average for Minnesota.

Zip 56147 (Kenneth, MN)

Housing costs in Kenneth?
A typical home costs $186,200, which is 44.9% less expensive than the national average of $338,100 and 39.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Kenneth 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 Kenneth?
To live comfortably in Kenneth (zip 56147), Minnesota, a minimum annual income of $35,640 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Kenneth?
The cost of living in 56147 Kenneth, MN is relatively low compared to nearby areas. The median home value in the area is around $138,000 and the median rent is about $1,100. Those looking to purchase a home will find that real estate prices are manageable and there are plenty of homes available for sale or rent. Additionally, food costs are very affordable and utilities tend to be on the lower end of the scale compared to other parts of Minnesota. All in all, 56147 Kenneth offers residents a great quality of life at an affordable price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesKennethMinnesotaUnited States
    Unlock97.2100.0
  93.0  Unlock100.0
    Unlock78.3100.0
  30.1  Unlock100.0
    Unlock$309,500$338,100
  92.5  Unlock100.0
    Unlock96.4100.0
  74.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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