Zip 56666 (Ponemah, 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 Ponemah, Minnesota?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Ponemah cost of living score
78.7
Less expensive
21.3% lower
than the US average
19.0% lower
than the Minnesota average
Ponemah (zip 56666), Minnesota gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 19.0% higher than the average for Minnesota.

Zip 56666 (Ponemah, MN)

Housing costs in Ponemah?
A typical home costs $113,400, which is 66.5% less expensive than the national average of $338,100 and 63.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Ponemah costs $1,040 per month, which is 16.1% cheaper than the national average of $1,240 and close to the state average of $1,050.

Can I afford Ponemah?
To live comfortably in Ponemah (zip 56666), Minnesota, a minimum annual income of $21,600 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Ponemah?
The cost of living in 56666 Ponemah, MN is relatively low compared to other parts of the state. The median home value in this area is just over $100,000, which is much lower than the national average. Despite the low cost of living, there are plenty of amenities in the area such as grocery stores, banks, and restaurants that make life comfortable and convenient. Additionally, there are several parks throughout the town that provide a scenic backdrop for outdoor recreation. All these factors make 56666 Ponemah an attractive option for those looking to relocate or who need an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPonemahMinnesotaUnited States
    Unlock97.2100.0
  91.1  Unlock100.0
    Unlock78.3100.0
  24.4  Unlock100.0
    Unlock$309,500$338,100
  93.9  Unlock100.0
    Unlock96.4100.0
  97.9  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.