Zip 55772 (Nett Lake, MN) Cost of Living


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United States / Minnesota / Duluth Metro Area / St. Louis County / No City / Nett Lake (zip 55772)

Nett Lake cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Nett Lake (zip 55772), Minnesota gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 12.9% higher than the average for Minnesota.

Zip 55772 (Nett Lake, MN)

Housing costs in Nett Lake?
A typical home costs $229,400, which is 32.2% less expensive than the national average of $338,100 and 25.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Nett Lake costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 51.2% cheaper than the state average of $1,240.

Can I afford Nett Lake?
To live comfortably in Nett Lake (zip 55772), Minnesota, a minimum annual income of $43,920 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Nett Lake?
The cost of living in 55772 Nett Lake, MN is relatively low compared to the rest of the US. The median home price in the area is $86,200, and monthly rent costs average at $732 - both significantly lower than the national averages. Additionally, groceries and healthcare costs are also below the national average for items like milk and medical visits/prescriptions. Despite its rural location, Nett Lake offers much lower living expenses than larger cities, making it an attractive option for those seeking a more affordable lifestyle.
   Cost of living score
     CategoriesNett LakeMinnesotaUnited States
  84.797.2100.0
  92.597.2100
  86.378.3100.0
  34.4102.9100.0
  $229,400$309,500$338,100
  98.6%95.7%100.0%
  86.096.4100.0
  102.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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