Zip 55960 (Oronoco, MN) Cost of Living


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Oronoco cost of living score
94.2
Less expensive
5.8% lower
than the US average
3.1% lower
than the Minnesota average
Oronoco (zip 55960), Minnesota gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 3.1% higher than the average for Minnesota.

Zip 55960 (Oronoco, MN)

Housing costs in Oronoco?
A typical home costs $478,100, which is 41.4% more expensive than the national average of $338,100 and 54.5% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Oronoco costs $1,620 per month, which is 30.6% more than the national average of $1,240 and 29.0% more than the state average of $1,150.

Can I afford Oronoco?
To live comfortably in Oronoco (zip 55960), Minnesota, a minimum annual income of $91,440 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Oronoco?
The cost of living in 55960 Oronoco, MN is generally quite affordable. The median home value is around $225,000, which is lower than the national average. Additionally, the median household income runs at around $75,000 per year. As such, residents of this town are able to live comfortably while still enjoying a reasonable quality of life. There are also several restaurants and stores in the area that offer competitive prices on food and goods. All in all, 55960 Oronoco offers a good balance between living expenses and quality of life.
   Cost of living score
     CategoriesOronocoMinnesotaUnited States
  94.297.2100.0
  104.197.2100
  88.778.3100.0
  157.0102.9100.0
  $478,100$309,500$338,100
  101.9%95.7%100.0%
  85.596.4100.0
  135.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime