Zip 56361 (Parkers Prairie, MN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Parkers Prairie, Minnesota?
$3,780 / month
for a family, 30.0% less expensive than the national average A total of $45,360 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Parkers Prairie cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Parkers Prairie (zip 56361), Minnesota gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 9.7% higher than the average for Minnesota.

Zip 56361 (Parkers Prairie, MN)

Housing costs in Parkers Prairie?
A typical home costs $236,200, which is 30.1% less expensive than the national average of $338,100 and 23.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Parkers Prairie costs $840 per month, which is 32.3% cheaper than the national average of $1,240 and 2.4% cheaper than the state average of $860.

Can I afford Parkers Prairie?
To live comfortably in Parkers Prairie (zip 56361), Minnesota, a minimum annual income of $45,360 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Parkers Prairie?
The cost of living in 56361 Parkers Prairie, MN is generally considered to be fairly reasonable. The average cost of housing in the area is around $146,000, which is much lower than the national average. Additionally, transportation costs are relatively low due to the low cost of gas and limited public transportation options. Other goods and services also tend to be at or below the national average, making it a great option for those on a budget. Overall, living in 56361 Parkers Prairie, MN can offer an affordable lifestyle with plenty of amenities and attractions nearby.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParkers PrairieMinnesotaUnited States
    Unlock97.2100.0
  94.6  Unlock100.0
    Unlock78.3100.0
  67.4  Unlock100.0
    Unlock$309,500$338,100
  91.3  Unlock100.0
    Unlock96.4100.0
  99.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.