Zip 56260 (Maynard, MN) Cost of Living


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United States / Minnesota / No Metro Area / Chippewa County / Maynard / Maynard (zip 56260)
How much do I need to live in Maynard, Minnesota?
$3,840 / month
for a family, 28.9% less expensive than the national average A total of $46,080 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Maynard cost of living score
69.6
Less expensive
30.4% lower
than the US average
28.4% lower
than the Minnesota average
Maynard (zip 56260), Minnesota gets a BestPlaces Cost of Living score of 69.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.4% lower than the U.S. average and 28.4% higher than the average for Minnesota.

Zip 56260 (Maynard, MN)

Housing costs in Maynard?
A typical home costs $241,400, which is 28.6% less expensive than the national average of $338,100 and 22.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Maynard costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Maynard?
To live comfortably in Maynard (zip 56260), Minnesota, a minimum annual income of $46,080 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Maynard?
The cost of living in 56260 Maynard, MN is quite reasonable. According to the most recent data, the median home value in the area is $104,100 and the median list price of homes is $105,000. The cost of groceries and essentials are slightly below average for the state of Minnesota. Utility bills are also lower than many other parts of the country. Residents enjoy a low crime rate and access to nearby amenities such as parks, restaurants, and shopping centers. Overall, 56260 Maynard offers 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.
     CategoriesMaynardMinnesotaUnited States
    Unlock97.2100.0
  91.4  Unlock100.0
    Unlock78.3100.0
  39.9  Unlock100.0
    Unlock$309,500$338,100
  97.9  Unlock100.0
    Unlock96.4100.0
  76.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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