Zip 56281 (Prinsburg, MN) Cost of Living


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How much do I need to live in Prinsburg, Minnesota?
$2,940 / month
for a family, 45.6% less expensive than the national average A total of $35,280 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Prinsburg cost of living score
80.4
Less expensive
19.6% lower
than the US average
17.3% lower
than the Minnesota average
Prinsburg (zip 56281), Minnesota gets a BestPlaces Cost of Living score of 80.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.6% lower than the U.S. average and 17.3% higher than the average for Minnesota.

Zip 56281 (Prinsburg, MN)

Housing costs in Prinsburg?
A typical home costs $183,600, which is 45.7% less expensive than the national average of $338,100 and 40.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Prinsburg costs $820 per month, which is 33.9% cheaper than the national average of $1,240 and 3.7% cheaper than the state average of $850.

Can I afford Prinsburg?
To live comfortably in Prinsburg (zip 56281), Minnesota, a minimum annual income of $35,280 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Prinsburg?
equestId:1c26b6c6-0adb-48e0-b282-89df09e1d6d0,resource:content,data:[{id:txt_b4dfc19fbaea41489f3f71db2bf01ef4,text:\n \nLiving in Prinsburg, MN (zip code 56281) is a relatively affordable experience. According to data collected in 2020, the median list price of homes in the area is $170,000 and the median rent is just under $1,000 per month. The cost of living in Prinsburg is nearly 15% lower than the national average, making it an attractive option for those looking for a low-cost lifestyle without compromising on quality of life. Additionally, Prinsburg's tax rate is slightly above average when compared to other parts of Minnesota but still manages to remain below the national average. All these factors add up to make Prinsburg a great place to live for those who are looking for an economical way to enjoy small-town life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPrinsburgMinnesotaUnited States
    Unlock97.2100.0
  94.9  Unlock100.0
    Unlock78.3100.0
  52.3  Unlock100.0
    Unlock$309,500$338,100
  99.0  Unlock100.0
    Unlock96.4100.0
  96.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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