Zip 56553 (Kent, MN) Cost of Living


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Kent cost of living score
75.9
Less expensive
24.1% lower
than the US average
21.9% lower
than the Minnesota average
Kent (zip 56553), Minnesota gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 21.9% higher than the average for Minnesota.

Zip 56553 (Kent, MN)

Housing costs in Kent?
A typical home costs $206,800, which is 38.8% less expensive than the national average of $338,100 and 33.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Kent costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 55.0% cheaper than the state average of $1,240.

Can I afford Kent?
To live comfortably in Kent (zip 56553), Minnesota, a minimum annual income of $39,600 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Kent?
The cost of living in 56553 Kent, MN is slightly higher than the US average. The median home value in this area is around $155,000 and the median rent is about $1,100 per month. The cost of groceries and other essentials are also slightly above the national average. Although there is some variation between neighborhoods, overall the cost of living in 56553 Kent, MN is still relatively affordable compared to many other places.
   Cost of living score
     CategoriesKentMinnesotaUnited States
  75.997.2100.0
  95.397.2100
  80.578.3100.0
  56.5102.9100.0
  $206,800$309,500$338,100
  94.5%95.7%100.0%
  68.196.4100.0
  78.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
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