Zip 56166 (Revere, MN) Cost of Living


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United States / Minnesota / No Metro Area / Redwood County / Revere / Revere (zip 56166)
How much do I need to live in Revere, Minnesota?
$3,120 / month
for a family, 42.2% less expensive than the national average A total of $37,440 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Revere cost of living score
69.3
Less expensive
30.7% lower
than the US average
28.7% lower
than the Minnesota average
Revere (zip 56166), Minnesota gets a BestPlaces Cost of Living score of 69.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.7% lower than the U.S. average and 28.7% higher than the average for Minnesota.

Zip 56166 (Revere, MN)

Housing costs in Revere?
A typical home costs $195,300, which is 42.2% less expensive than the national average of $338,100 and 36.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Revere 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 Revere?
To live comfortably in Revere (zip 56166), Minnesota, a minimum annual income of $37,440 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Revere?
Living in 56166 Revere, MN is relatively affordable. The median home value is roughly $106k, which is considerably lower than the national average. In addition, the cost of living index in 56166 is around 86, indicating that it's 14 percent cheaper to live here than the national average. Furthermore, monthly rent costs are also quite low compared to other cities in the U.S., averaging at $795 per month for a one bedroom apartment and $884 per month for a two bedroom apartment. Overall, 56166 Revere, MN offers residents a cost of living that is below the national average and provides plenty of housing options that are affordable.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRevereMinnesotaUnited States
    Unlock97.2100.0
  94.5  Unlock100.0
    Unlock78.3100.0
  26.3  Unlock100.0
    Unlock$309,500$338,100
  95.4  Unlock100.0
    Unlock96.4100.0
  80.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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