Zip 56734 (Lake Bronson, MN) Cost of Living


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United States / Minnesota / No Metro Area / Kittson County / Lake Bronson / Lake Bronson (zip 56734)

Lake Bronson cost of living score
67.9
Less expensive
32.1% lower
than the US average
30.1% lower
than the Minnesota average
Lake Bronson (zip 56734), Minnesota gets a BestPlaces Cost of Living score of 67.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.1% lower than the U.S. average and 30.1% higher than the average for Minnesota.

Zip 56734 (Lake Bronson, MN)

Housing costs in Lake Bronson?
A typical home costs $85,100, which is 74.8% less expensive than the national average of $338,100 and 72.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lake Bronson costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 67.6% cheaper than the state average of $1,240.

Can I afford Lake Bronson?
To live comfortably in Lake Bronson (zip 56734), Minnesota, a minimum annual income of $16,200 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Lake Bronson?
The cost of living in 56734 Lake Bronson, MN is quite reasonable. Housing expenses are relatively low compared to other parts of the country, with median home prices around $180,000 and rental costs averaging around $1,050 per month. The overall cost of living index is about 15% lower than the national average, providing residents with a great value for their money. Additionally, the area boasts a variety of affordable and delicious restaurants and grocery stores. Overall, 56734 Lake Bronson offers an ideal combination of affordability and quality of life that makes it an attractive place to live.
   Cost of living score
     CategoriesLake BronsonMinnesotaUnited States
  67.997.2100.0
  90.197.2100
  82.078.3100.0
  21.7102.9100.0
  $85,100$309,500$338,100
  92.1%95.7%100.0%
  85.096.4100.0
  75.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime