Zip 56164 (Pipestone, MN) Cost of Living


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United States / Minnesota / No Metro Area / Pipestone County / Pipestone / Pipestone (zip 56164)

Pipestone cost of living score
69.9
Less expensive
30.1% lower
than the US average
28.1% lower
than the Minnesota average
Pipestone (zip 56164), Minnesota gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 28.1% higher than the average for Minnesota.

Zip 56164 (Pipestone, MN)

Housing costs in Pipestone?
A typical home costs $130,800, which is 61.3% less expensive than the national average of $338,100 and 57.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Pipestone costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 47.6% cheaper than the state average of $1,240.

Can I afford Pipestone?
To live comfortably in Pipestone (zip 56164), Minnesota, a minimum annual income of $25,200 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Pipestone?
The cost of living in 56164 Pipestone, MN is relatively low compared to other cities and towns in the United States. The median home price in this area is $100,000, which is significantly lower than the national average of $200,000. Additionally, the median household income is around $50,000 and the average rental rates are about $800. This makes it an affordable place to live for individuals and families alike. There are also a variety of amenities available such as grocery stores, restaurants, parks, schools, and more. For those looking for a great place to live without breaking the bank, 56164 Pipestone, MN may be an excellent option.
   Cost of living score
     CategoriesPipestoneMinnesotaUnited States
  69.997.2100.0
  93.697.2100
  82.078.3100.0
  36.9102.9100.0
  $130,800$309,500$338,100
  97.1%95.7%100.0%
  70.196.4100.0
  81.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime